Safehold Receives Credit Ratings Upgrade to A- From Fitch
Safehold Receives Credit Ratings Upgrade to A- From Fitch
NEW YORK, Dec. 18, 2024 /PRNewswire/ -- Safehold Inc. (the "Company" or "Safehold") (NYSE: SAFE) announced today that Fitch Ratings ("Fitch") has upgraded its credit ratings on the Company to A- from BBB+, with a stable outlook. Fitch is also assigning an A- rating and stable outlook to the Company's operating subsidiary, Safehold GL Holdings LLC.
紐約，2024年12月18日 /PRNewswire/ -- Safehold Inc.（"公司"或"Safehold"）（紐交所代碼：SAFE）今天宣佈，惠譽評級（"惠譽"）已將公司的信用評級從BBB+上調至A-，並給予穩定展望。惠譽還對公司的運營子公司Safehold GL Holdings LLC賦予A-評級和穩定展望。
"This ratings upgrade is a strong result for the Company, and we appreciate Fitch's recognition of the significant steps we have taken to build a best-in-class credit profile, emphasizing high quality assets, stable funding sources and conservative leverage," said Brett Asnas, Chief Financial Officer. "We expect having 'A' ratings from two major agencies will drive better cost and access to capital, benefitting both shareholders and customers."
"這次評級上調對公司來說是一個重要成果，我們感謝惠譽對我們爲建立一流信用檔案所採取的重要步驟的認可，強調高質量資產、穩定的資金來源和保守的槓桿率，"首席財務官Brett Asnas說。"我們預計擁有兩家主要機構的'A'評級將推動更好的成本和資本獲取，從而惠及股東和客戶。"
Fitch cited the rationale behind the ratings upgrade in their report: "The upgrade reflects SAFE's focus on the relatively low-risk ground lease asset class, characterized by growing, long-dated revenue streams and significant overcollateralization; expanded use of unsecured debt as a proportion of total debt; improved portfolio diversity; strong asset quality performance; low leverage; solid dividend coverage and an experienced management team."
惠譽在其報告中指出評級上調的理由："此次上調反映了SAFE關注相對低風險的土地租賃資產類別，該類別的特點是收入來源持續增長、期限較長且有顯著的超額擔保；以無擔保債務的比例擴展爲總債務的一部分；改善的投資組合多樣性；強勁的資產質量表現；低槓桿；豐厚的股息保障以及經驗豐富的管理團隊。"
About Safehold:
Safehold Inc. (NYSE: SAFE) is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. Having created the modern ground lease industry in 2017, Safehold continues to help owners of high quality multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk. The Company, which is taxed as a real estate investment trust (REIT), seeks to deliver safe, growing income and long-term capital appreciation to its shareholders. Additional information on Safehold is available on its website at .
關於Safehold：
Safehold Inc.（紐交所代碼：SAFE）正在通過提供一種新的、更好的方式來解鎖建築物下土地的價值，從而徹底改變房地產所有權。自2017年創建現代土地租賃行業以來，Safehold繼續幫助高質量的多戶住宅、辦公、工業、酒店、學生住房、生命科學和混合用途物業的擁有者以更低的風險獲取更高的回報。該公司作爲股權房地產投資信託(REITS)納稅，旨在爲其股東提供安全、持續增長的收入和長期資本增值。有關Safehold的更多信息，請訪問其網站。
Company Contact:
Pearse Hoffmann
Senior Vice President
Capital Markets & Investor Relations
T 212.930.9400
E [email protected]
公司聯繫方式：
Pearse Hoffmann
高級副總裁
資本市場與投資者關係
t 212.930.9400
E [email protected]
SOURCE Safehold
來源：safehold