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Prospect News home > News index > List of issuers R > Headlines for RioCan Real Estate Investment Trust > News item
Published on 9/25/2018 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

DBRS confirms RioCan REIT debentures at BBB (high)

DBRS said it confirmed RioCan Real Estate Investment Trust’s senior unsecured debentures rating and senior unsecured debentures, series I, rating at BBB (high).

All trends are stable.

The rating confirmations reflect RioCan’s asset quality, large retail portfolio and improving asset diversification, but are constrained by high leverage (i.e., total debt-to-EBITDA), DBRS said in a news release.


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