S&P: Post view to positive

Standard & Poor's said it revised the outlook on Post Properties Inc. to positive from stable.

The agency also said it affirmed its BBB- corporate credit rating, along with the BBB- rating on the company's unsecured debt and BB rating on the company's preferred stock.

The revised outlook reflects improved fixed-charge coverage and an expectation that organic growth, the lease-up of development properties, lower leverage and favorable debt cost will further strengthen the company's coverage measures over the next one to two years, S&P said.

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