LONDON: Globalworth, the leading office investor in Central and Eastern Europe, is pleased to announce that Moody’s Investors Service, the international credit rating agency, has upgraded the Company’s issuer credit rating to Baa3 from Ba1.
Dimitris Raptis, Deputy CEO and Chief Investment Officer of Globalworth, commented: “This decision means that Globalworth now enjoys investment grade ratings from all three agencies (Moody’s, S&P and Fitch) covering our bonds. Alongside our €500 million equity issuance completed last week, this reflects the excellent progress made in recent years in accessing the public capital markets and delivering scale to our business”.[the_ad id=”31605″]