** S&P Global upgrades Aristocrat Leisure's ALL.AX rating, citing slot-machine maker's expanded scale and robust cash‑flow generation
** Lifts long‑term issuer credit rating to ‘BBB’ from ‘BBB-’ and upgrades the associated issue ratings on its $500 million unsecured revolving credit facility and $1.1 billion term loan A
** ALL's expanding scale, sustained earnings growth, strong free‑cash‑flow generation and low leverage collectively underpin its strengthened credit profile - S&P
** Expects ALL's dominant land‑based gaming share and its expanding online real‑money gaming arm to drive solid earnings growth and continued EBITDA margin expansion
** S&P anticipates ALL will continue prioritising investments that reinforce its market positions across land‑based gaming, social casino and online real‑money gaming
** Stock down 10.2% YTD as of last close
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))