MGM Bonds Tank On Dubai Rumors

Widely-circulated rumors that Dubai World has revoked its commitment to finance MGM Mirage's CityCenter development in Las Vegas drove MGM bonds down 10 to 15 points last week.

  • 06 Feb 2009
Widely-circulated rumors that Dubai World has revoked its commitment to finance MGM Mirage's CityCenter development in Las Vegas drove MGM bonds down 10 to 15 points last week. MGM bonds maturing in five to six months fell to 84-85 last Thursday morning, from 95-96 the previous week. Bonds ...

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