Fitch Withdraws IDR on Pinnacle Entertainment

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has withdrawn its Issuer Default Rating (IDR) of 'B+'/Rating Watch Positive on Pinnacle Entertainment, Inc. (PNK) as PNK no longer exists following the merger with Gaming & Leisure Properties, Inc. (GLPI).

Date of Relevant Rating Committee: July 21, 2015

Additional information is available on www.fitchratings.com.

Applicable Criteria

Corporate Rating Methodology - Including Short-Term Ratings and Parent and Subsidiary Linkage (pub. 17 Aug 2015)

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=869362

Additional Disclosures

Solicitation Status

https://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=1003778

Endorsement Policy

https://www.fitchratings.com/jsp/creditdesk/PolicyRegulation.faces?context=2&detail=31

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View source version on businesswire.com: http://www.businesswire.com/news/home/20160503006320/en/

Fitch Ratings
Primary Analyst
Alex Bumazhny, CFA
Director
+1-212-908-9179
Fitch Ratings, Inc.
33 Whitehall Street
New York, NY 10004
or
Secondary Analyst
Colin Mansfield, CFA
Associate Director
+1-212-908-0899
or
Committee Chairperson
Michael Paladino, CFA
Managing Director
+1-212-908-9113
or
Media Relations:
Alyssa Castelli, +1 212-908-0540
[email protected]

Source: Fitch Ratings

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