Moody's: Link REIT's increased debt leverage is in line with Moody's expectations
Hong Kong, November 10, 2016-- Moody's Investors Service says that Link Real Estate Investment Trust's interim results for the six months between 1 April 2016 and 30 September 2016 continue to support its A2 issuer rating and the stable outlook on the rating. At the same time, its increased debt leverage for the same period was is in line with Moody's expectations. "Link REIT's debt leverage increased as expected, due to its acquisition of a property in Mongkok, but its credit profile...
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