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Prospect News home > News index > List of issuers E > Headlines for Essex Property Trust Inc. > News item |
Moody’s changes Essex Property to positive
Moody's Investors Service said it affirmed the Baa2 senior unsecured debt ratings of Essex Property Trust, Inc. and revised the outlook to positive from stable.
The positive outlook reflects Moody's expectation that Essex will continue to post strong growth in operating earnings, while continuing to reduce leverage and grow its unencumbered asset base.
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