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Moody's revises Sabra view to stable
Moody's Investors Service said it affirmed the ratings of Sabra Health Care REIT, Inc., including its Ba1 corporate family rating and Sabra Health Care LP’s senior unsecured debt ratings.
The outlook has been revised to stable from negative.
“The outlook revision to stable reflects the REIT's strong financial results through the pandemic versus expectations. The stable outlook reflects our expectation that Sabra will continue to operate and grow with a conservative capital strategy, while maintaining strong and stable cash flows,” Moody’s said in a news release.
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