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Fitch Ratings cuts LMIRT outlook to negative due to coronavirus impact

Published Tue, Apr 7, 2020 · 09:50 PM
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Singapore

FITCH Ratings has lowered its outlook on Lippo Malls Indonesia Retail Trust's (LMIRT) long-term foreign-currency issuer default rating to negative from stable due to the coronavirus outbreak.

The negative outlook is based on an expectation that the pandemic will impact operating earning…

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