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Stock impact report

PSTL Announces BBB Investment Grade Rating from Kroll Bond Rating Agency (KBRA) [Yahoo! Finance]

Postal Realty Trust, Inc. Class A (PSTL) 
Last postal realty trust, inc. class a earnings: 3/25 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
internally managed real estate investment trust that owns and manages over 2,200 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced that Postal Realty LP has received an investment grade credit rating of BBB with a Stable Outlook from Kroll Bond Rating Agency, LLC (“KBRA”). “Achieving an inaugural investment grade rating is an important milestone in the evolution of our Company and a testament to the strength of our business model”, stated Andrew Spodek, Chief Executive Officer. “I am pleased that KBRA recognized the high credit quality of our tenant, the United States Postal Service, our well-diversified portfolio of real estate, and the large opportunity set in front of us. This rating positions us well to continue to diversify our sources of capital and further strengthen our balance sheet to deliver long-term sustainable value to our shareholders.” About Postal Realty Trust, Inc. Show less Read more
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