Moody's downgrades Fortress REIT Limited to Ba1/Aa3.za; outlook negative
Rating Action: Moody's downgrades Fortress REIT Limited to Ba1/Aa3. za; outlook negative. Global Credit Research- 24 Apr 2019. DIFC- Dubai, April 24, 2019-- Moody's Investors Service has assigned a corporate family rating of Ba1 and has withdrawn Fortress REIT Limited's long-term Baa3 issuer rating, in line with the rating agency's practice for corporates with non-investment-grade ratings.
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