CCM Merger, Inc - Standard & Poor's latest credit ratings

CCM Merger, Inc.

Detroit, Michigan

Gaming | Hospitality | Entertainment

(parent of MotorCity Casino a Detroit Entertainment LLC d/b/a; owned by Mrs. Marian Ilitch)

Instrument	Maturity Date	Rating	Rating Date
US$100 mil delayed draw term bank ln due 04/25/2012	Apr 25, 2012	BB-, 1	Jun 07, 2007
US$100 mil revolv cred fac bank ln due 04/25/2010	Apr 25, 2010	BB-, 1	Jun 07, 2007
US$300 mil 8% nts due 08/01/2013	Aug 01, 2013	CCC+	Jun 22, 2006
	Aug 01, 2013	CCC+	Jun 22, 2006
US$550 mil sr secd term bank ln due 04/25/2012	Apr 25, 2012	BB-, 1	Jun 07, 2007

BB, B, CCC, CC, and C

Obligations rated 'BB', 'B', 'CCC', 'CC', and 'C' are regarded as having significant speculative characteristics. 'BB' indicates the least degree of speculation and 'C' the highest. While such obligations will likely have some quality and protective characteristics, these may be outweighed by large uncertainties or major exposures to adverse conditions.

Plus (+) or minus (-)

The ratings from 'AA' to 'CCC' may be modified by the addition of a plus (+) or minus (-) sign to show relative standing within the major rating categories.

Link to: Standard & Poor’s ratings page