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Fitch affirms EPR Properties' ratings
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Fitch Ratings affirmed EPR Properties' long-term issuer default rating at BBB-.
The outlook is stable.
Fitch said the ratings reflect the company's consistent cash flows brought about by its triple-net leased entertainment, education and recreation sectors, leading to firm leverage and fixed-charge coverage metrics for the rating.
The rating agency also pointed out that EPR benefits from an overall strong amount of rent coverage spanning its portfolio.