Fitch changes Unibail view to negative

Fitch Ratings said it revised the outlook for Unibail-Rodamco to negative from stable.

The outlook revision mirrors the company’s elevated leverage, which Fitch said is high for a company rated A-. The outlook revision also considers the risk it may take longer for Unibail to deleverage than the agency had forecasted, Fitch said.

Fitch did affirm the company’s rating of A- and the senior secured rating at A.

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