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Moody’s Assigns Baa1 Rating to MPACT’s Proposed Notes

Story Highlights
  • Mapletree Pan Asia Commercial Trust operates in the commercial real estate industry.
  • Moody’s assigned a Baa1 rating to MPACT’s proposed notes, supporting its market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Moody’s Assigns Baa1 Rating to MPACT’s Proposed Notes

Mapletree Commercial ( (SG:N2IU) ) just unveiled an update.

Moody’s Investors Service has assigned a Baa1 senior unsecured rating to the proposed SGD-denominated notes to be issued by MPACT Treasury Company Pte. Ltd. under MPACT’s euro medium-term securities program. This rating reflects the company’s stable financial position and is expected to support its operations and market positioning in the commercial real estate sector.

More about Mapletree Commercial

Mapletree Pan Asia Commercial Trust (MPACT) operates in the commercial real estate industry, focusing on managing and investing in a diversified portfolio of real estate assets across Asia. The company is involved in the issuance of medium-term notes through its subsidiary, MPACT Treasury Company Pte. Ltd.

YTD Price Performance: 0.57%

Average Trading Volume: 23,280

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.65B

See more insights into N2IU stock on TipRanks’ Stock Analysis page.

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