Genting Singapore's $4.5 billion five-year redevelopment plan at Resorts World Sentosa (RWS) will not affect the credit rating of its parent Genting Berhad, which, Fitch Ratings says, has the "liquidity, leverage and free cash flow capacity" to fund the development.
That being the case, Genting Berhad's credit rating remains unchanged at A-/Stable as the impact on its credit metrics is "manageable within its current rating", Fitch said.
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