NCR confirms Catena’s BBB- credit rating and adjusts the outlook from stable to positive
The outlook has been adjusted due to Catena’s good financial position and strong market position.12 May 2023, 2.15 p.m. CESTThe rating reflects Catena’s focus on attractive logistics properties in a sector that is favoured by long-term trends, including stable profitability, high occupancy rates and improved financial key performance indicators. “We are proud of the company’s development, and it’s a pleasure to be able to show strong KPIs in this macroeconomically uncertain situation. The rating ensures that we will be able to continue to finance our operations on favourable terms,”