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Atrium European Real Estate Announces Credit Rating Update
Atrium European Real Estate Limited a real estate company owned by Citigroup/Gazit, is placed on CreditWatch Negative.
Atrium European Real Estate Announces Credit Rating Update / Picture: © Vindobona.org
The company, which is focused on shopping centre investment, management and development in Central and Eastern Europe, notes Standard and Poor´s "S&P") announcement placing Company's current 'BB' long-term and 'B' short-term corporate credit ratings on CreditWatch Negative.
S&P had previously upgraded the Company´s long-term corporate credit rating to `BB´ from `BB-`…
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