Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Artis Real Estate Investment Trust > News item |
DBRS rates Artis debentures BBB (low)
DBRS said it assigned a rating of BBB (low) with a stable trend to the C$200 million series B floating-rate debentures issued by Artis Real Estate Investment Trust.
The agency said the debentures are direct senior unsecured obligations of Artis and rank equally and rateably with one another and with all other unsecured and unsubordinated debt of the trust.
DBRS said it understands that the net proceeds from the offering will be used to partially repay debt outstanding on the trust’s credit facilities.
© 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.