STAG Industrial announced on May 12, 2025, that Moody's Investor Services upgraded the company's corporate credit rating to Baa2 from Baa3, with a stable outlook. This upgrade reflects STAG's strong financial and operational profile.
Moody's cited STAG's robust leverage and fixed charge coverage metrics, excellent liquidity, and a highly diversified portfolio as key factors for the upgrade. The company's consistent access to unsecured debt capital was also noted.
Chief Financial Officer Matts Pinard stated that this upgrade is expected to improve both the company's cost of debt and its access to a broader base of debt investors and products. This development enhances STAG's financial flexibility and market standing.
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