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Fitch assigns final ratings to Peach Property Group

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Fitch assigns final ratings to Peach Property Group

Fitch Ratings assigned a final B+ long-term issuer default rating to Peach Property Group AG, with a stable outlook.

The rating agency also assigned a final BB-/RR3/67% senior unsecured rating to the company, pertaining to its unit's €250 million issuance of a 3.5% senior unsecured bond that matures in February 2023. The bond's issue price was 99.238%.