General Announcement::CCT downgraded to 'BBB+' on increasing leverage following portfolio enhancement; Outlook Stable

Issuer & Securities

Issuer/ Manager
CAPITALAND COMMERCIAL TRUST MANAGEMENT LIMITED
Securities
CAPITALAND COMMERCIAL TRUST - SG1P32918333 - C61U
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
22-Sep-2017 21:16:27
Status
New
Announcement Sub Title
CCT downgraded to 'BBB+' on increasing leverage following portfolio enhancement; Outlook Stable
Announcement Reference
SG170922OTHRIWW5
Submitted By (Co./ Ind. Name)
Toh Su Jin Jason
Designation
Company Secretary, CapitaLand Commercial Trust Management Limited
Description (Please provide a detailed description of the event in the box below)
S&P Global Ratings has lowered its long-term corporate credit rating on CapitaLand Commercial Trust to 'BBB+' from 'A-' with a Stable Outlook.

Please see attached press release by S&P Global Ratings.

Attachments

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22/09/2017 22:25:52