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Moody’s revises Prime Property to positive
Moody's Investors Service said it affirmed the Baa2 senior unsecured rating of PPF Funding, Inc., a wholly owned subsidiary of Prime Property Fund, LLC.
The outlook was revised to positive from stable.
Moody’s said the positive outlook reflects its expectation that Prime Property Fund will continue to post good growth in operating earnings, while maintaining its commitment to a disciplined investment strategy with reduced leverage levels.
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