Moody’s assigns Baa1 rating to Champion REIT’s proposed notes


Moody's Investors Service has assigned a Baa1 rating to the proposed USD senior unsecured notes due 2030 that will be issued by an affiliated entity of Champion REIT.

This places the notes in the moderate credit risk band.

The notes will be issued by Champion MTN Limited under its USD2 billion medium-term note (MTN) program, which has also been rated (P)Baa1 by Moody’s.

The proposed notes will be unconditionally and irrevocably guaranteed by HSBC Institutional Trust Services (Asia) Limited as the trustee of Champion REIT.

Dear subscribers, please login to continue reading this article.

Don’t miss out on information beyond mainstream media reports that may impact your investments.
Login or sign-up for a free 25-day trial here.


Comments are closed.