trending Market Intelligence /marketintelligence/en/news-insights/trending/4mtlj6vmff-w98eeufhlhg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Fitch affirms DDR ratings

Street Talk Episode 51 - Goldman Talks Libor Transition, Recent SOFR Volatility

#ChangePays: Although Still Underrepresented, Women in the C-Suite are Driving Profitability

Cable Nets For Kids Enjoy Wide Carriage On Skinny Bundles

Energy

Power Forecast Briefing: Fleet Transformation, Under-Powered Markets, and Green Energy in 2018


Fitch affirms DDR ratings

Fitch Ratings affirmed DDR Corp.'s ratings, including its BBB- issuer default rating.

The outlook is stable.

Fitch attributed the affirmation to DDR's credit strengths, including the continuously improving quality of its retail property portfolio and the management team's focus on streamlining the business and polishing the asset base. Proven access to various capital sources, a granular roster of select quality credit tenants and strong expected fixed-charge coverage for the BBB- rating have also proved beneficial for the company, Fitch added.

Other ratings affirmed by Fitch are DDR's unsecured revolving credit facility, unsecured term loan, senior unsecured note and senior unsecured convertible note ratings at BBB-, and its preferred stock rating at BB.