Illegal Activity
none
Blackmail
none
Date
January 2018
Document Type
report
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43
Summary
This document is a financial analysis report from January 2018 focusing on MGM and MGM Growth Properties (MGP). It projects financial performance, including leverage, coverage, and free cash flow, and discusses potential acquisitions for MGP.
Metadata
- Subject
- HY Corporate Credit, HY Multi Sector.Media. Cable & Satellite
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0086645, SDNY_GM_00232829
- Date
- January 2018
Relationships 1
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| MGM Growth Properties | tenant | MGM | MGM is a tenant of MGM Growth Properties. |
Notable Quotes 3
Using our projected total debt of $11.25 billion and cash interest of $603 million, we estimate MGM will end the year with leverage of 4.5x and coverage of 4.1x.
We continue to believe that MGP will continue to utilize its premium valuation, ample liquidity, and low-cost debt to complete leverage neutral acquisitions.
A transaction with CityCenter or an acquisition of MGM Springfield is a simple avenue for growth.
Financial Information
Amounts:$1 million$11.25 billion$603 million$2.00 billion$659 million$407 million$385 million$170 million$104 million$3.97 billion$235 million$751 million$460 million$160 million$131 million$3.84 billion$407$644$669$75115137838546063170170160$174$3,683$4.000$3.972$3,842360
Transactions:
- cash burn of $1 million in 2018
- cash interest of $603 million
- dividends of $385 million
- interest expense of $170 million
- dividends of $460 million
- interest expense of $160 million
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealings
Organizations 4
MGMMGM Growth PropertiesDeutsche Bank Securities Inc.CityCenter
Locations 2
MacauMGM Springfield
Text Analysis
- Tone
- Professional
- Purpose
- To analyze the financial performance and prospects of MGM and MGM Growth Properties.
- Significance
- Provides financial analysis and projections for MGM and MGP, including leverage, coverage, and free cash flow.
File Info
- File Name
- EFTA01385361.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:43:31.561236
- DOJ Source
- View on DOJ