Moody's views Boston Properties negatively

Moody's Investors Service said it revised its outlook for Boston Properties LP and Boston Properties Inc. to negative from stable and affirmed the Baa1 senior unsecured debt rating and the (P)Baa2 preferred shelf rating.

“The outlook has been revised to negative from stable due to the high likelihood that Boston Properties' net debt to EBITDA will remain elevated through year-end 2024 and its fixed charge coverage will decline in the same period,” Moody’s said in a press release.

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