Vail Resorts Sees S&P Maintain Ratings
Following MTN’s strong revenue growth in its fiscal first half, the ratings agency affirmed its BB issuer and issue-level credit rating for the ski resort operator, with a stable outlook. Vail’s total H1 revenue increased 33% year-over-year from gains in Epic Pass sales, as well as retail, lodging and food sales. S&P Global expects fiscal-year-end leverage to be a fairly modest 2.5x, ... Log in to view full article.