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Prospect News home > News index > List of issuers G > Headlines for Glimcher Realty Trust > News item |
S&P lifts Glimcher view to stable
Standard & Poor's said it revised its outlook on Glimcher Realty Trust to stable from negative.
At the same time, the agency said the BB corporate credit and B preferred stock ratings are affirmed.
S&P noted the outlook revision is supported by a profitable mall portfolio, which generates stable, predictable cash flow from a diverse and creditworthy tenant base.
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