Kiwi Property Group Outlook Upgraded to 'Stable' by S&P Global Ratings

MT Newswires Live12-02

Kiwi Property Group (NZE:KPG) confirmed that S&P Global Ratings has revised its outlook to "stable" from "negative" while affirming the company's investment-grade credit rating at "BBB/stable," according to a Tuesday filing with the New Zealand bourse.

The company's senior secured green bonds carry a slightly higher rating of "BBB+," the filing added.

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