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0 0.00185960018595998 0.00185960018595998 0.00185960018595998 0.00185960018595998 0.00185960018595998 -0.00325430032543005 -0.0106927010692701
Stock impact report

S&P Upgrades Kite Realty Group Trust’s Rating Outlook to ‘Positive’ from ‘Stable’

Kite Realty Group Trust (KRG) 
Last kite realty group trust earnings: 2/18 04:20 pm Check Earnings Report
US:NYSE Investor Relations: ir.kiterealty.com
Company Research Source: GlobeNewswire
INDIANAPOLIS, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that S&P Ratings (“S&P”) revised its rating outlook for KRG to ‘Positive’ from ‘Stable’ and affirmed the Company’s ratings, including the ‘BBB-’ Issuer Credit Rating. In its public announcement on the matter, S&P cited “Kite Realty Group Trust deleveraged its balance sheet in recent quarters, in part, from its strong operating and financial performance since its merger with RPAI” and noted “that Kite’s lease expirations are manageable over the next two years, which will likely support occupancy levels and cash flow stability.” About Kite Realty Group Trust Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly traded owners and operators of open-air shopping centers and mixed-use assets. The Company’s primarily grocery-anchored portfolio is located in high-growth Sun Belt Show less Read more
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