| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers S > Headlines for Spirit Realty Capital Inc. > News item |
S&P rates Spirit Realty convertibles BBB-
Standard & Poor’s said it assigned a BBB- issue-level rating to Spirit Realty Capital Inc.’s $402.5 million convertible notes due 2019 and $345 million convertible notes due 2021.
The company’s BBB- corporate credit rating and stable outlook is unchanged.
The ratings reflect the company’s satisfactory business risk profile and intermediate financial risk profile, S&P said.
The stable outlook reflects a view that the company’s same-store portfolio will perform steadily and that it will continue to fund its fairly aggressive appetite for investment growth primarily with equity and asset sales, the agency said.
© 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.