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Published on 2/22/2021 in the Prospect News Bank Loan Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

Fitch rates Spirit Realty notes BBB

Fitch Ratings said it assigned a BBB rating to Spirit Realty, LP's senior unsecured notes due 2028 and 2032. The rating is the same as the Spirit’s issuer default rating.

Fitch expects Spirit to use the proceeds to fund property acquisitions, refinance upcoming debt maturities, or general corporate purposes.

The outlook is stable.


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