Moody's says Realty Income's acquisition of VEREIT, Inc. increases scale and durability of cash flows; no immediate impact to ratings
Announcement: Moody's says Realty Income's acquisition of VEREIT, Inc. increases scale and durability of cash flows; no immediate impact to ratings. Global Credit Research- 30 Apr 2021. New York, April 30, 2021-- Moody's Investors Service, says that the REIT's definitive agreement to acquire VEREIT, Inc in an all-stock transaction, including the assumption of debt, has no immediate impact on the A3 senior unsecured ratings or stable outlook of Realty Income Corporation.Realty Income is a real estate investment trust. The company invests in commercial real estate. The company owns a portfolio of properties located in various states, Puerto Rico and United Kingdom.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.