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News Breaks
November 5, 2009
11:29 EDTMGM
theflyonthewall.com: MGM Mirage is in good shape with bank covenants
Just this week MGM secured another amendment to its senior credit facility. This is an important milestone for MGM as it is seeing a return to normalcy in terms of it's credit facility. It provides the company access to as it had always in the past. As of today it has availability of 1.6B under it's credit facility. This is enough capacity to take MGM through 2010 as it has approximately just inside $1.1B of senior debt maturing between now and the end of 2010. It is also in good shape with it's bank covenant. These comments were made from the Q3 earnings conference call. :theflyonthewall.com



News For MGM From The Last 14 Days
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February 13, 2012
08:24 EDTMGM
theflyonthewall.com: MGM Resorts Int'l announces proposed private offering by CityCenter Holdings

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February 9, 2012
09:34 EDTMGM
theflyonthewall.com: Nevada reports December Las Vegas Strip gaming win up 3.61% to $518.44M
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09:32 EDTMGM
theflyonthewall.com: Nevada reports December gaming win up 2.05% to $855.66M

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February 6, 2012
10:44 EDTMGM
theflyonthewall.com: On The Fly: Analyst Downgrade Summary

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06:03 EDTMGM
theflyonthewall.com: MGM Resorts downgraded to Neutral from Buy at Goldman
Goldman downgraded MGM Resorts based on valuation. Price target remains $14.50. :theflyonthewall.com

February 3, 2012
11:45 EDTMGM
theflyonthewall.com: Florida destination gambling bill heard by subcommittee today, Sun Sentinel says

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January 31, 2012
08:02 EDTMGM
theflyonthewall.com: BofA/Merrill's gaming analyst holds an analyst/industry conference call

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