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Fitch plans to withdraw Boyd Gaming's ratings

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Fitch plans to withdraw Boyd Gaming's ratings

Fitch Ratings on July 5 said that it plans to withdraw the ratings on Boyd Gaming Corp.

In August 2017, the rating agency affirmed the Las Vegas-based casino company's issuer default rating at B+, its senior secured credit facility at BB+/RR1 and its senior unsecured notes at B+/RR4. It also revised its ratings outlook on Boyd Gaming to positive from stable, citing the company's improving credit profile.

The ratings were affirmed June 11.

Most recently, Fitch said it plans to withdraw the ratings on or before Aug. 7 for commercial reasons. The agency said the ratings are subject to analytical review and may still change up to the time it withdraws the ratings.