Supermarket Income REIT could be set to hit the bond market after gaining an investment-grade credit rating.
Fitch Ratings has given the company a credit rating of BBB+ with a stable outlook.
Chairman Nick Hewson said the news marked “a significant milestone” for the company.
“It is a testament to the company’s strategy and demonstrates both the credit strength of our tenants and the quality of our property portfolio,” he added. “Looking ahead, this rating will provide the company with flexibility to pursue a wider range of debt funding strategies.”
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