Supermarket Income REIT PLC (LSE:SUPR) said Fitch has assigned an investment grade credit rating of BBB+, or 'stable outlook', to the company.
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"Securing an investment grade credit rating from Fitch is a significant milestone for Supermarket Income REIT. It is a testament to the company's strategy and demonstrates both the credit strength of our tenants and the quality of our property portfolio,” commented Nick Hewson, chairman of Supermarket Income REIT.
“Looking ahead, this rating will provide the company with flexibility to pursue a wider range of debt funding strategies."