Supermarket Income REIT PLC - real estate investment trust dedicated to investing in supermarket property - Says Fitch Ratings assigns investment grade credit rating of BBB+ with stable outlook to firm. "Securing an investment grade credit rating from Fitch is a significant milestone for Supermarket Income REIT. It is a testament to the company's strategy and demonstrates both the credit strength of our tenants and the quality of our property portfolio. Looking ahead, this rating will provide the company with flexibility to pursue a wider range of debt funding strategies," says Chair Nick Hewson.
Current stock price: 119.00 pence
12-month change: up 9.2%
By Lucy Heming; lucyheming@alliancenews.com
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Supermarket Income (SUPR)