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Find out more about IPO and Rights Issue in articles from the All about REIT series:
The IPO Prospectus
Rights Issue Part 1: Terms and Definition
Rights Issue Part 2: What happens during a Rights Issue
Ever wonder how to start using CPF to buy shares? Do visit Using CPF to buy shares (CPF Investment Scheme CPFIS-OA)

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Tuesday, December 29, 2009

REIT Financial News - Moody's upgrades AIMS-AMP Capital Industrial Reit (Formerly MI-REIT) to Ba2

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Moody's Investors Service upgraded AIMS-AMP Capital Industrial REIT (formerly known as MacarthurCook Industsrial REIT)'s corporate family rating to Ba2 from Caa1. See report.

Key Points
  • Corporate rating upgraded from Caa1 to Ba2.
  • Outlook stable.
  • Upgrade reflects the Reit's remarkably improved liquidity profile and capital structure following the successful completion of its recapitalization plan and refinance of the maturing Singapore dollar loan.


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