Forbes.com, 12 Nov 2008, Associated Press
Moody's Investors Service cut credit ratings on casino operator Las Vegas Sands Corp. two notches further into junk territory Wednesday, citing its high debt load and negative trends in Las Vegas, while praising plans to raise capital and trim development spending.
At the corporate level, the agency cut several ratings, including the probability of default, to "B2" from "Ba3."
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