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Moody's changes outlook of Grand City Properties S.A.'s Baa2 rating to positive from stable

London, 29 November 2016-- Moody's Investors Service has today changed the outlook on the Baa2 long term issuer rating of Luxembourg-registered real-estate company Grand City Properties S.A., the Baa2 ratings of the company's senior unsecured notes due April 2025, and convertible notes due March 2022, as well as the Ba1 rating of its two junior subordinated notes to positive from stable. "We have changed the outlook of Grand City's Baa2 long term issuer rating to positive from...
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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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