STAG INDUSTRIAL ANNOUNCES CREDIT RATING UPGRADE FROM MOODY'S INVESTOR SERVICES
STAG Industrial (NYSE: STAG) has received a credit rating upgrade from Moody's Investor Services, raising its corporate credit rating to Baa2 with a stable outlook from the previous Baa3 with a positive outlook. The upgrade was attributed to STAG's strong credit profile, including robust leverage and fixed charge coverage metrics, excellent liquidity position, diversified portfolio, and access to unsecured debt capital.
According to CFO Matts Pinard, this upgrade will benefit the company by reducing its cost of debt and expanding access to a wider range of debt investors and products.
STAG Industrial (NYSE: STAG) ha ricevuto un miglioramento del rating creditizio da Moody's Investor Services, che ha portato il suo rating aziendale a Baa2 con outlook stabile, rispetto al precedente Baa3 con outlook positivo. L'upgrade è stato attribuito al solido profilo creditizio di STAG, che include una leva finanziaria robusta, ottime metriche di copertura dei costi fissi, una posizione di liquidità eccellente, un portafoglio diversificato e l'accesso a capitale di debito non garantito.
Secondo il CFO Matts Pinard, questo miglioramento porterà benefici all'azienda riducendo il costo del debito e ampliando l'accesso a una gamma più ampia di investitori e prodotti di debito.
STAG Industrial (NYSE: STAG) ha recibido una mejora en su calificación crediticia por parte de Moody's Investor Services, elevando su calificación corporativa a Baa2 con perspectiva estable desde el anterior Baa3 con perspectiva positiva. La mejora se atribuye al sólido perfil crediticio de STAG, que incluye un apalancamiento robusto, métricas sólidas de cobertura de cargos fijos, excelente posición de liquidez, cartera diversificada y acceso a capital de deuda no garantizada.
Según el CFO Matts Pinard, esta mejora beneficiará a la empresa al reducir su costo de deuda y ampliar el acceso a una gama más amplia de inversores y productos de deuda.
STAG Industrial (NYSE: STAG)는 Moody's Investor Services로부터 신용 등급 상향 조정을 받았으며, 기업 신용 등급이 이전의 Baa3 긍정적 전망에서 Baa2 안정적 전망으로 상향되었습니다. 이번 상향은 STAG의 견고한 신용 프로필, 강력한 레버리지 및 고정비용 커버리지 지표, 우수한 유동성 위치, 다변화된 포트폴리오, 무담보 부채 자본 접근성에 기인합니다.
CFO Matts Pinard에 따르면, 이번 등급 상향은 회사의 부채 비용을 낮추고 더 넓은 범위의 부채 투자자 및 상품에 대한 접근성을 확대하는 데 도움이 될 것입니다.
STAG Industrial (NYSE: STAG) a obtenu une amélioration de sa notation de crédit par Moody's Investor Services, portant sa notation d'entreprise à Baa2 avec perspective stable contre Baa3 avec perspective positive auparavant. Cette amélioration est attribuée au solide profil de crédit de STAG, incluant un levier financier robuste, d'excellents indicateurs de couverture des charges fixes, une excellente liquidité, un portefeuille diversifié et un accès au capital obligataire non garanti.
Selon le CFO Matts Pinard, cette amélioration bénéficiera à l'entreprise en réduisant son coût de la dette et en élargissant l'accès à une gamme plus large d'investisseurs et de produits de dette.
STAG Industrial (NYSE: STAG) hat von Moody's Investor Services eine Heraufstufung seiner Kreditwürdigkeit erhalten und wurde von Baa3 mit positivem Ausblick auf Baa2 mit stabilem Ausblick angehoben. Die Verbesserung wurde auf das starke Kreditprofil von STAG zurückgeführt, das eine robuste Verschuldung, solide Kennzahlen zur Deckung fester Kosten, eine ausgezeichnete Liquiditätslage, ein diversifiziertes Portfolio und Zugang zu ungesicherten Fremdkapitalquellen umfasst.
Dem CFO Matts Pinard zufolge wird diese Heraufstufung dem Unternehmen zugutekommen, indem sie die Fremdkapitalkosten senkt und den Zugang zu einer breiteren Palette von Fremdkapitalinvestoren und -produkten erweitert.
- Credit rating upgrade to Baa2 from Baa3 by Moody's
- Expected reduction in cost of debt financing
- Expanded access to debt investors and products
- Strong leverage and fixed charge coverage metrics
- Excellent liquidity position
- None.
The Moody's report cites the Company's credit strengths, which include strong leverage and fixed charge coverage metrics, excellent liquidity, a diversified portfolio and access to unsecured debt capital as rationale for the upgrade.
"This upgrade is a testament to the quality of STAG's operating platform and strong balance sheet," said Matts Pinard, Chief Financial Officer of the Company. "This upgrade will improve both our cost of debt, and our access to a broader base of debt investors and products."
About STAG Industrial, Inc.
STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, development, ownership, and operation of industrial properties throughout
For additional information, please visit the Company's website at www.stagindustrial.com.
Forward-Looking Statements
This press release, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, are generally identifiable by use of the words "believe," "will," "expect," "intend," "anticipate," "estimate," "should," "project" or similar expressions. You should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond the Company's control and which could materially affect actual results, performances or achievements. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the risk factors discussed in the Company's annual report on Form 10-K for the year ended December 31, 2024 as updated by the Company's quarterly reports on Form 10-Q. Accordingly, there is no assurance that the Company's expectations will be realized. Except as otherwise required by the federal securities laws, the Company disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
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SOURCE STAG Industrial, Inc.