News: Federal Realty Investment Trust (FRT.N)

FRT.N on New York Stock Exchange

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Thu, Apr 24 2014

Fitch Affirms Federal Realty Investment Trust's IDR at 'A-'; Outlook Stable

(The following statement was released by the rating agency) NEW YORK, April 24 (Fitch) Fitch Ratings has affirmed the credit ratings of Federal Realty Investment Trust (NYSE: FRT) (Federal) as follows: --Issuer Default Rating (IDR) at 'A-'; --Unsecured revolving credit facility at 'A-'; --Senior unsecured term loan at 'A-'; --Senior unsecured notes at 'A-'; --Redeemable preferred shares at 'BBB'. The Rating Outlook is Stable. KEY RATING DRIVERS The consistent and steady cash flow growth provide

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