S&P downgrades Czech gaming company on insolvency concerns

Czech lottery firm Sazka was downgraded from CCC+ to CC by Standard & Poor's on Friday, after it released a warning that it may only be able to make a partial repayment of principal and interest due in January 2011  on its $215 million 2021 bonds.

Comment by: Michael Peterson. Posted 13 years ago [2010-12-22 10:09:29]

5/10 - isn't it a good thing if your number comes up? Must try harder.

Comment by: Anonymous. Posted 13 years ago [2010-12-20 21:50:04]

Marks for title "Lottery company's number might come up" ?