S&P revises Hunt outlook to positive

S&P said it changed its outlook for Hunt Cos. Inc. to positive from stable and affirmed its BB- issuer and senior secured debt ratings.

“Hunt's aggregate portfolio value has been resilient, resulting in a loan-to-value (LTV) ratio comfortably below 30%, which we believe will be sustained even if higher cap rates lead to some valuation declines within the company's real estate investments next year,” S&P said in a press release.

© 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.