S&P: Brixmor view to positive

Standard & Poor's said it affirmed its B corporate credit rating on Brixmor LLC.

The outlook on the company was revised to positive from stable.

The actions affect roughly $405 million of rated debt.

"Our outlook revision to positive acknowledges the prospects for improved liquidity, access to capital, and longer-term deleveraging if parent BPG's pending IPO is successful," S&P credit analyst Elizabeth Campbell said in a news release.

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