Moody’s has assigned an A3 foreign currency issue rating to CapitaLand Ascendas REIT.
A3 is the lowest within Moody’s prime band of ‘A’ ratings.
According to Moody’s, the A3 issuer rating reflects the REIT’s stable operating track record and income generation, diversified portfolio of good-quality industrial assets, established market position, and disciplined financial policies.
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