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STORE Capital Upgraded by S&P Global Ratings to BBB with Stable Outlook

STORE CAPITAL CORP (STOR)  More Company Research Source: Business Wire
Last store capital corp earnings: 5/3 06:45 am Check Earnings Report
US:NYSE Investor Relations: storecapital.com
PDF SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- STORE Capital Corporation (NYSE: STOR), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that S&P Global Ratings (“S&P”) has upgraded its corporate credit rating (CCR) to BBB with a Stable Outlook. S&P’s initial CCR for STORE Capital, assigned in August 2016, was BBB- with a Positive Outlook. Christopher H. Volk, President and Chief Executive Officer of STORE Capital stated, “This rating upgrade by S&P reflects our conservative capital structure and improved leverage metrics as well as our overall financial strength. S&P cited STORE’s equity-financed growth, improved leverage and an asset portfolio with good quality and performance as key drivers of the rating upgrade.” About STORE Capital STORE Capital Corporation is an internally managed net-lease real esta [Read more]

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