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Fitch Ratings downgraded the Issuer Default Ratings (IDRs) of Las Vegas Sands (LVS.US), SANDS CHINA LTD (01928.HK) and Marina Bay Sands Pte. Ltd to BB...
The district has about $79 million in outstanding utilities revenue and refunding bonds and approximately $766 million in outstanding ad valorem tax bonds, according to an alert issued by Fitch. The district’s various debt ratings range from A to AA-, Fitch said.
If the special taxing district is dissolved, Disney's nearly $1 billion debt obligations would shift to local taxpayers.
Gov. Ron DeSantis on Friday signed a bill aimed at dissolving a special taxing district that has granted Walt Disney World unique self-governing powers for...
The governor signed two Disney-related measures passed during a special session on congressional redistricting, prompting credit-rating agency Fitch Ratings to place a “rating watch negative” on about $1 billion in outstanding debt.