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Published on 8/22/2013 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

Moody's: CommonWealth view to negative

Moody's Investors Service said it affirmed CommonWealth REIT's Baa3 senior unsecured rating and revised the outlook to negative from stable.

Moody's said the negative outlook reflects the office REIT's weak operating performance, which is expected to persist for the intermediate term as it works to address a large number of challenged properties in its portfolio.


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