Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers K > Headlines for Kite Realty Group, LP > News item |
S&P affirms Kite Realty
S&P said it affirmed the BBB- corporate credit rating on Kite Realty Group Trust and affirmed the BBB-issue-level rating on Kite Realty Group, LP’s senior unsecured notes.
The outlook is stable.
The agency said the affirmation reflects the group’s improved asset quality resulting from its recycling initiatives as well as its moderately sized development and redevelopment pipeline.
S&P added that the rating is offset by the group’s improved but moderate geographic concentration, higher proportion of power centers and its smaller size than rated peers.
© 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.