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Moody's rates Ladder Capital Finance bonds Ba3
Moody's Investors Service said it assigned a Ba2 corporate family rating to Ladder Capital Finance Holdings LLLP
Moody's also assigned a Ba3 senior unsecured debt rating to the proposed bond offering to be co-issued by Ladder Capital Finance Holdings LLLP and Ladder Capital Finance Corp.
The agency said the ratings reflect Ladder's moderate leverage level, high-quality assets and strong profitability in recent years.
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