Safehold Receives Credit Ratings Upgrade to A- from Fitch
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Safehold Inc. has received a credit rating upgrade from Fitch Ratings, moving from BBB+ to A- with a stable outlook. This upgrade also applies to its operating subsidiary, Safehold GL Holdings LLC.
December 18, 2024 | 9:30 pm
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POSITIVE IMPACT
Safehold Inc. has been upgraded by Fitch Ratings from BBB+ to A-, indicating improved creditworthiness and financial stability. This positive development could enhance investor confidence and potentially lead to favorable borrowing terms.
The upgrade from BBB+ to A- by Fitch Ratings suggests that Safehold Inc. is seen as more creditworthy, which can lead to lower borrowing costs and increased investor confidence. This is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100