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S&P upgrades rating of CapitaCommercial Trust

Financial strength, stable performance prompt 'A-' rating
Tuesday, August 26, 2014 - 06:00
by
anitag@sph.com.sg@AnitaGabrielBT

HAVING reassessed CapitaCommercial Trust's (CCT) appetite for expansion and discipline in using debt to fund new investments, and given its stable business performance, Standard & Poor's has raised its long-term rating to 'A-' from 'BBB+' with a stable outlook."Our upgrade of CCT reflects

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