E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers S > Headlines for Sabra Health Care REIT Inc. > News item
Published on 8/23/2017 in the Prospect News Bank Loan Daily, Prospect News High Yield Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

Fitch lifts Sabra Health, withdraws Care Capital

Fitch Ratings said it upgraded Sabra Health Care REIT’s long-term issuer default rating to BBB- from BB+ and cumulative redeemable preferred stock to BB from BB-/RR6 following the closing of the merger with Care Capital Properties Inc.

The outlook is stable.

In addition, the agency withdrew its ratings on Care Capital and CCP's operating partnership as they no longer exist following the completion of the merger with Sabra in a stock-for-stock transaction.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.