Artis REIT's Proposed Spin-Off and Debt Reduction Could Stabilize Rating Trend
DBRS Limited (DBRS Morningstar) notes that Artis Real Estate Investment Trust (Artis or the REIT) released yesterday the details of its proposed spin-off of its retail portfolio and strategic debt reduction initiative (the Proposed Transactions). DBRS Morningstar has concluded that the Proposed Transactions could help stabilize Artis’ credit profile.
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