Station Casinos LLC Credit Rating

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Date	Document Type	Title	Source
14 Mar 2018	Credit Opinion	Station Casinos LLC: Update to credit analysis - strong locals market continues to support credit	Moody's Investors Service
11 Sep 2017	Covenant Quality Assessment	Station Casinos LLC: Covenant Quality Pre-Sale Snapshot: $550m _% Senior Notes due 2025	Moody's Investors Service
08 Sep 2017	Credit Opinion	Station Casinos LLC: Update to Key Credit Considerations	Moody's Investors Service
07 Sep 2017	Rating Action	Moody's assigns B3 to Station's $550 mil. sr. notes; bank debt upgraded to Ba3; B1 CFR affirmed	Moody's Investors Service
29 Aug 2017	Peer Snapshot	Station Casinos LLC - June 2017 (LTM): Peer Snapshot	Moody's Investors Service
09 Jun 2017	Peer Snapshot	Station Casinos LLC - March 2017 (LTM): Peer Snapshot	Moody's Investors Service
12 Apr 2017	Credit Opinion	Station Casinos LLC: Update to Key Credit Considerations	Moody's Investors Service
10 Apr 2017	Rating Action	Moody's affirms Stations B1 CFR, downgrades sr secured ratings to B1	Moody's Investors Service
07 Apr 2017	Peer Snapshot	Station Casinos LLC - December 2016 (LTM): Peer Snapshot	Moody's Investors Service
26 Jan 2017	Issuer Comment	Station Casinos LLC: Amendment to Reduce Pricing	Moody's Investors Service
25 Nov 2016	Peer Snapshot	Station Casinos LLC - Q3 2016: Peer Snapshot	Moody's Investors Service
23 Sep 2016	Covenant Quality Assessment	Station Casinos LLC: Loan Covenant Quality Snapshot	Moody's Investors Service
13 Jun 2016	LGD Assessment	Station Casinos LGD	Moody's Investors Service
20 May 2016	Credit Opinion	STATION CASINOS LLC: Update following upgrade to B1	Moody's Investors Service
19 May 2016	Rating Action	Moody's upgrades Station's CFR to B1	Moody's Investors Service
16 May 2016	Credit Opinion	STATION CASINOS LLC: Update to Discussion of Key Credit Factors	Moody's Investors Service
13 May 2016	Rating Action	Moody's Places Station Casinos LLC's ratings on review for upgrade	Moody's Investors Service
24 Mar 2016	LGD Assessment	Station Casinos LLC	Moody's Investors Service
14 Mar 2016	Credit Opinion	Station Casinos LLC.: Update to Discussion of Key Credit Factors	Moody's Investors Service
23 Mar 2015	Credit Opinion	Station Casinos LLC.	Moody's Investors Service
19 Mar 2015	Rating Action	Moody's assigns Caa1 to Station's proposed $300 mil. sr. notes; B2 CFR, stable outlook affirmed	Moody's Investors Service
27 Jun 2014	LGD Assessment	Station Casinos LLC	Moody's Investors Service
19 Feb 2014	Announcement	Moody's views Station Casino's re-pricing of its bank facilities as credit positive	Moody's Investors Service
19 Feb 2014	Issuer Comment	Station Casinos announces launches re-pricing of its bank facilities and announces preliminary year end results	Moody's Investors Service
19 Feb 2013	Covenant Quality Assessment	Station Casinos LLC - Pre-Sale Snapshot - $500m _% Senior Notes due 2021	Moody's Investors Service
15 Feb 2013	Rating Action	Moody's upgrades Station's CFR to B2; outlook stable	Moody's Investors Service
14 Sep 2012	LGD Assessment	Station Casinos LLC	Moody's Investors Service
10 Sep 2012	Rating Action	Moody's changes Station's rating outlook to positive; assigns a B2 rating to proposed bank facilities for NP Opco, LLC	Moody's Investors Service
09 Feb 2012	Covenant Quality Assessment	Station Casinos LLC - Pre-Sale Snapshot - $625m _% Senior Notes due 2018	Moody's Investors Service
07 Feb 2012	LGD Assessment	Station Casinos LLC	Moody's Investors Service
07 Feb 2012	Rating Action	Moody's assigns a Caa2 rating to Station's proposed $625 million sr unsecured notes; upgrades the senior secured note to B2	Moody's Investors Service
09 Dec 2011	Covenant Quality Assessment	Station Casinos LLC - Station Casinos LLC - Credit Agreement (6/17/2011)	Moody's Investors Service
24 Oct 2011	Rating Action	Moody's assigns Station Casinos, LLC a B3 CFR, outlook stable.	Moody's Investors Service
29 Jul 2009	Rating Action	Moody's downgrades Station Casino's PDR to D	Moody's Investors Service
21 Apr 2009	LGD Assessment	Station Casinos, Inc.	Moody's Investors Service
17 Feb 2009	Announcement	Moody's says Station's ratings unaffected by failure to pay interest on senior notes	Moody's Investors Service
17 Feb 2009	Issuer Comment	Station's ratings unaffected by its failure to pay interest on senior notes	Moody's Investors Service
06 Feb 2009	LGD Assessment	Station Casinos, Inc.	Moody's Investors Service
04 Feb 2009	Rating Action	Moody's downgrades Station's PD rating to Ca; rating outlook negative	Moody's Investors Service
15 Dec 2008	Rating Action	Moody's downgrades Station's CFR to Caa3; outlook negative	Moody's Investors Service
26 Nov 2008	Rating Action	Moody's downgrade's Station's PDR to Ca; Ratings on review direction uncertain	Moody's Investors Service
24 Oct 2008	LGD Assessment	Station Casinos, Inc.	Moody's Investors Service
15 Oct 2008	Rating Action	Moody's downgrades Station's PDR to Caa2; outlook stable	Moody's Investors Service
17 Jul 2008	Rating Action	Moody's downgrades Station to B3; ratings on review for downgrade.	Moody's Investors Service
13 Nov 2007	Rating Action	Moody's assigns SGL-2 to Station's Casino; concludes review.	Moody's Investors Service
22 Oct 2007	Rating Action	Moody's affirms Station's (P)B2 CFR;comments on existing ratings	Moody's Investors Service
05 Jul 2007	Rating Action	Moody's rates Station Casino's (P) B2; comments on existing ratings.	Moody's Investors Service

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