3rd Mar 2021 13:29
Civitas Social Housing PLC - midcap social homes investor - Secures an investment-grade high credit quality rating of A from Fitch Ratings Ltd's first-time rating on the company, as well as an A- long-term issuer default rating with a stable outlook.
Chair Michael Wrobel says: "We are very pleased to have secured a premium investment grade rating from Fitch who are a well-established rating agency with a strong familiarity to the alternative healthcare real estate space. This positive endorsement will enable the company to pursue a broader strategy in relation to debt funding in due course."
Current stock price: 107.99 pence
Year-to-date change: up 3.0%
By Anna Farley; [email protected]
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