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Moody’s moves Regency view to positive
Moody’s Investors Service said it changed its outlook for Regency Centers LP and Regency Centers Corp. to positive from stable.
“The positive rating outlook reflects our expectation of healthy and steady operating performance, sustained prudent approach to capital management which will result in leverage metrics remaining at least at current levels, and maintenance of a strong liquidity profile,” the agency said in a press release.
Moody’s also affirmed the partnership’s Baa1 senior unsecured debt rating and the corporation’s (P) Baa2 preferred shelf rating.
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