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Tag: Baa1

Moody’s Investors Service upgrades Citycon’s credit rating to Baa1

Helsinki, 2016-Jan-16 — /EPR Retail News/ — Moody’s Investors Service has upgraded Citycon’s investment grade level long-term corporate credit rating to Baa1. The outlook is stable. The previous rating was Baa2 with a stable outlook. The rating was upgraded mainly due to Citycon’s improved business profile following the acquisition and integration of Norwegian Sektor Gruppen that increased…

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