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Fitch: Atrium view to positive
Fitch Ratings said it revised Atrium European Real Estate Ltd.'s outlook to positive from stable.
The agency also said it affirmed the long-term issuer default rating at BB+, senior unsecured rating at BB+ and short-term issuer default rating at B.
The agency said it expects Atrium's financial metrics to remain resilient and stable in the next two years, despite two major shopping center acquisitions in 2011.
The positive outlook reflects Atrium's substantial progress in resolving outstanding litigation claims, Fitch said.
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