ProLogis outlook revised to stable; corporate credit, debt ratings affirmed- S&P - Consumer Finance Hub

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HOME :: RESEARCH :: CREDIT :: NEWS:: FEB 2008
ProLogis outlook revised to stable; corporate credit, debt ratings affirmed- S&P

Standard & Poor's Ratings Services said it has cut its outlook on ProLogis to stable from positive while affirming its 'BBB+' corporate credit and senior unsecured debt ratings. S&P said: 'The outlook revision reflects ProLogis' pursuit of a robust development pipeline in the face of a slowing economy and less-supportive capital markets, which reduces the potential for an upgrade in the near term.'

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