Fitch assigns Link REIT notes' A

Fitch Ratings said it assigned an A rating to Link Real Estate Investment Trust's CNY 650 million of senior unsecured notes. The notes were issued by Link REIT's wholly owned subsidiary, the Link Finance (Cayman) 2009 Ltd.

“The notes are rated at the same level as Link REIT's senior unsecured rating as they constitute its direct and senior unsecured obligations. The notes are part of the Link Finance (Cayman) 2009 Ltd.'s medium-term note program and unconditionally and irrevocably guaranteed by Link REIT,” Fitch said in a press release.

Link used the proceeds for general corporate purposes.

The outlook is stable.

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