Moody's affirms Mack-Cali's Baa3 rating, outlook revised to negative
New York, December 06, 2016-- Moody's Investors Service has affirmed Mack-Cali Realty, L.P.' s Baa3 senior unsecured debt, Baa3 senior unsecured shelf and Ba1 senior subordinated shelf ratings. In the same rating action, Moody's affirmed the preferred stock shelf rating of Mack-Cali Realty Corporation, the parent company of Mack-Cali Realty, at Ba1 and revised the rating outlook to negative, from stable. The following ratings were affirmed:.
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