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Stock impact report

Invitation Homes Receives Credit Rating Upgrade to ‘Baa2’ from Moody’s

Invitation Homes Inc. (INVH) 
Last invitation homes inc. earnings: 2/18 04:15 pm Check Earnings Report
US:NYSE Investor Relations: invitationhomes.com/about-us
Company Research Source: Business Wire
DALLAS--(BUSINESS WIRE)--Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”), the nation’s premier single-family home leasing and management company, announced today that Moody’s Investors Service (“Moody’s”) upgraded the Company’s issuer and issue-level credit ratings to ‘Baa2’ from ‘Baa3’ with a stable outlook.According to Moody’s published report, the upgraded rating reflects Invitation Homes’ solid operating performance and reduction in overall leverage and secured debt levels. Moody’s further elaborated that Invitation Homes’ credit profile benefits from its scale, high-quality portfolio, and expansive operating platform that helps drive stable earnings.“We are pleased to receive Moody’s upgrade and recognition of our team’s hard work over the past several years,” said Jon Olsen, the Company’s Executive Vice President and Chief Financial Officer. “We believe these ratings further enhance our opportunities to source and refinance debt capital, and are an a Show less Read more
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