Fitch Affirms Australia's Scentre Group at 'A'; Outlook Stable
https://www.fitchratings.com/research/corporate-finance/fitch-affirms-australia-scentre-group-at-a-outlook-stable-21-04-2022
Key Rating DriversDerivation SummaryKey AssumptionsRating SensitivitiesBest/Worst Case Rating ScenarioLiquidity and Debt StructureIssuer ProfileSummary of Financial AdjustmentsESG ConsiderationsApplicable Models Strong Liquidity and Asset-Liability Management:Scentre had available liquidity of AUD5.6 billion at end-2021, comprising cash of AUD1 billion and undrawn committed facilities of AUD4.6 billion. The REIT has covered all debt maturities to early 2024. Scentre's average debt maturity was 4.1 years at end-2021, against weighted-average lease expiries ...
Strong Liquidity and Asset-Liability Management:Scentre had available liquidity of AUD5.6 billion at end-2021, comprising cash of AUD1 billion and undrawn committed facilities of AUD4.6 billion. The REIT has covered all debt maturities to early 2024. Scentre's average debt maturity was 4.1 years at end-2021, against weighted-average lease expiries ...
DA: 40 PA: 25 MOZ Rank: 68