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Prospect News home > News index > List of issuers S > Headlines for Summit Industrial Income Real Estate Investment Trust > News item
Published on 7/14/2021 in the Prospect News Agency DailyProspect News Bank Loan Daily, Prospect News Canadian Bonds Daily, Prospect News Green Finance Daily and Prospect News Investment Grade Daily.

DBRS rates Summit Industrial notes BBB

DBRS said it assigned a rating of BBB (low) with a stable trend to Summit Industrial Income Real Estate Investment Trust’s $225 million of 2.44% series D senior unsecured debentures, due July 14, 2028.

The rating is based on the rating of an already-outstanding debt series of the above-mentioned debt instrument, DBRS said.

Summit plans to use the proceeds to repay indebtedness and for general trust purposes.


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