AIMCo Realty Investors LP: Rating Report
On May 28, 2020, DBRS Limited (DBRS Morningstar) confirmed the rating of AA (low) with a Stable trend on AIMCo Realty Investors LP’s (AIMCo Realty or the Company) Senior Unsecured Debt. The rating confirmation considers AIMCo Realty’s stand-alone risk profile, which incorporates the heightened level of uncertainty in AIMCo Realty's operating environment because of the ongoing Coronavirus Disease (COVID-19) pandemic and related economic slowdown, expected low level of secured debt in its capital structure, and DBRS Morningstar’s view of implicit support by Alberta Investment Management Corporation (AIMCo).
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