S&P: Agile unaffected

Standard & Poor's said its long-term corporate credit rating and outlook on Agile Property Holdings Ltd. (BB/stable) remain unchanged following the $50 million increase in the company's BB rated senior notes due 2013.

The issue is now upsized to $400 million and carries a semiannual coupon rate of 9%, the agency said, noting that the proceeds will be used for land acquisitions.

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