Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers W > Headlines for WPC Eurobond BV > News item |
Moody's upgrades W. P. Carey
Moody's Investors Service said it upgraded W. P. Carey Inc.'s senior unsecured and issuer ratings to Baa1 from Baa2. In the same action, the agency raised the senior unsecured debt rating of its European affiliate WPC Eurobond BV to Baa1 from Baa2.
“The ratings upgrade reflects the sound and predictable cash flows generated by the REIT's net lease portfolio, moderate leverage metrics, and healthy liquidity. The outlook has been revised to stable from positive based on the expectation that W. P. Carey's operating performance and capital strategy will remain steady at current levels,” Moody’s 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.