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Published on 5/17/2019 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

Fitch affirms Hudson Pacific

Fitch Ratings said it affirmed the Hudson Pacific Properties ratings, including the company's issuer default rating at BBB-. The outlook is stable.

“The ratings reflect Hudson's strong competitive market position in densely populated, supply-constrained West Coast office markets,” the agency said in a news release.

“HPP also operates with financial policies that are appropriate for a low investment grade-rated REIT. The company's large unencumbered asset pool is a source of contingent liquidity that supports Hudson's credit profile.”


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