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Equity Residential (EQR)

EQR on New York Consolidated

28 Oct 2016
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$0.33 (+0.55%)
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Thu, Oct 6 2016

Fitch Rates Equity Residential's Senior Unsecured Bonds 'A-'

(The following statement was released by the rating agency) NEW YORK, October 06 (Fitch) Fitch Ratings has assigned an 'A-' rating to the senior unsecured notes due 2026 issued by ERP Operating, L.P., the operating partnership of Equity Residential (NYSE: EQR). Net proceeds are expected to be used for working capital and general corporate purposes. A full list of Fitch's ratings for EQR follows at the end of this release. KEY RATING DRIVERS The ratings reflect EQR's high-quality portfolio f

BRIEF-Equity residential reaffirms its full year same store revenue growth guidance range

* Provides third quarter operating update; reaffirms full year same store revenue guidance

BRIEF-Equity Residential says may offer and sell up to 13 mln shares - SEC filing

* Says it may offer and sell up to 13 million common shares - SEC filing

BRIEF-Equity Residential files for potential mixed shelf offering - SEC filing

* Files for potential mixed shelf offering; size not disclosed - SEC filing Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

BRIEF-Equity Residential lowers 2016 same store revenue and NOI guidance ranges

* Says expects to report same store revenue growth of approximately 4.0% to 4.2% for Q2 of 2016 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

UPDATE 2-Kenya's Equity Group rules out acquisitions for now

* Equity bought Congo bank in 2015 (Adds details on expansion focus)

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