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Ratings On Frontier Real Estate Investment Corp. Affirmed Jan 10 Product Image

Ratings On Frontier Real Estate Investment Corp. Affirmed Jan 10

  • ID: 1818718
  • January 2010
  • Standard & Poors

OVERVIEW Frontier Real Estate Investment Corp. is a J-REIT that specializes in retail properties and commands high market recognition. Although leverage has increased slightly, FRI's properties are rented out under long-term contracts, generating stable cash flow. We expect FRI to generate stable income, while maintaining a high-quality asset portfolio. We are affirming our long-term and short-term ratings on FRI. The outlook on the long-term rating remains stable. TOKYO (Standard & Poor's) Jan. 28, 2010--Standard & Poor's Ratings Services today affirmed its 'A+' long-term and 'A-1' short-term corporate credit ratings on Frontier Real Estate Investment Corp. (FRI). The outlook on the long-term corporate credit rating remains stable. The ratings reflect FRI's strong business position and conservative financial policy, as well as...

Companies mentioned in this report are: Frontier Real Estate Investment Corp.
Action: Affirmed

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

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