Genting's Singapore Redevelopment to Have Modest Leverage Impact

Genting Singapore's (GENS) SGD4.5 billion five-year redevelopment plan at Resorts World Sentosa (RWS) will have a modest impact on leverage and earnings, Fitch Ratings says. Parent Genting Berhad's (Genting, A-/Stable) ratings are not affected by the redevelopment of the integrated resort as the impact on its credit metrics is manageable within its current rating.