Moody’s rates Agree notes Baa2

Moody’s Investors Service said it assigned a Baa2 rating to Agree LP’s planned bond offering. Moody’s also affirmed Agree Realty Corp.’s Baa2 issuer rating.

Moody’s changed Agree Realty’s outlook to positive from stable. “The positive rating outlook incorporates our expectation that ADC will maintain discipline over its leverage and liquidity profile, while continuing its accretive growth plans on a leverage-neutral basis,” the agency said in a press release.

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