
S&P Says Genting Is One Downgrade From Fallen Angel, a Day After Fitch
S&P Global has published a credit FAQ warning that Genting Bhd may not be able to defend its investment-grade rating while pursuing $10.5 billion of expansion in New York and Singapore. Fitch cut the group to the same rung on Monday. It now sits one notch above speculative grade with a negative outlook and, in S&P's words, no more buffer.






