Las Vegas Sands gets investment-grade treatment despite junk ratings.
By Katrina Nicholas, Bloomberg|June 07, 2012 at 08:45 AM|Originally published on Treasuryandrisk.Com
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Junk-rated Las Vegas Sands Corp., the casino operator controlled by billionaire Sheldon Adelson, is getting investment-grade treatment from banks as cash flow from its properties in Asia outpaces those in the U.S.