Report
EUR 172.39 For Business Accounts Only

Moody's says Columbia Property's planned privatization has no immediate ratings impact

Announcement: Moody's says Columbia Property's planned privatization has no immediate ratings impact. Global Credit Research- 09 Sep 2021. New York, September 09, 2021-- Moody's Investors Service said Columbia Property Trust, Inc.' s agreement to be acquired by funds managed by Pacific Investment Management Company LLC has no immediate impact on the office REIT's ratings or outlook.
Underlying
Columbia Property Trust Inc.

Columbia Property Trust is a real estate investment trust that owns and operates commercial real estate properties. The company conducts its business primarily through its subsidiary, Columbia Property Trust Operating Partnership, L.P., which acquires, redevelops, owns, leases, and operates real properties directly and through wholly and partially owned subsidiaries and joint ventures.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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