Fitch affirms Orion Prime

Fitch Ratings said it affirmed Orion Prime Ltd.'s €186.2 million floating-rate senior notes at AAA.

The outlook is stable.

The agency said the affirmation is supported by the strong quality of the two underlying Singapore properties, Wisma Atria and Ngee Ann City; the high occupancy levels of the properties; the strong underlying cash flow; and the experienced asset management provided by YTL Starhill Global REIT Management Ltd.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.