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Published on 8/5/2021 in the Prospect News Bank Loan Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

Fitch rates Mid-America notes BBB+

Fitch Ratings said it gave a BBB+ rating to Mid-America Apartments, LP's senior unsecured notes.

Fitch expects Mid-America to use the proceeds to pay off it commercial paper balance of about $280 million as well as to repay the company's private placement notes and about 50% of its $250 million public unsecured bonds that mature in 2022.


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