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Prospect News home > News index > List of issuers D > Headlines for Developers Diversified Realty Corp. > News item
Published on 11/2/2010 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News High Yield Daily.

Fitch rates Developers Diversified notes BB

Fitch Ratings said it assigned a BB rating to the $305 million principal amount of 1.75% convertible senior notes due 2040 issued by Developers Diversified Realty Corp.

DDR's issuer default rating is BB.

The outlook is stable.

Proceeds will be used to repay debt and for general corporate purposes.


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