Lineage Receives Investment Grade Credit Ratings from Moody’s and Fitch
Lineage, Inc. (LINE)
Company Research
Source: Business Wire
Leading market position and diverse global portfolio recognized with inaugural credit ratings of Baa2 from Moody’s and BBB+ from Fitch NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (NASDAQ: LINE) (the “Company”), the world’s largest global temperature-controlled warehouse REIT, today announced that the Company received investment grade credit ratings from Moody’s Investors Service (“Moody’s”) and Fitch Ratings (“Fitch”). Moody’s has assigned a first-time Issuer Rating of Baa2 to the Company with a Stable outlook, and Fitch has assigned a Long-Term Issuer Default Rating of BBB+ to the Company with a Stable outlook.“After completing our highly successful initial public offering, one of our top priorities was to achieve investment grade ratings across multiple agencies,” said Rob Crisci, Lineage’s Chief Financial Officer. “These ratings will support our efforts to further fuel our growth flywheel as we work to create long-term value for our customers and shareholders.”Moody’s stated tha
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News
- Lineage, Inc. (NASDAQ: LINE) is now covered by analysts at Capital One Financial Co.. They set an "overweight" rating and a $91.00 price target on the stock.MarketBeat
- Lineage, Inc. (NASDAQ: LINE) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $105.00 to $104.00. They now have a "buy" rating on the stock.MarketBeat
- Lineage, Inc. Declares Initial DividendBusiness Wire
- Lineage Announces a Grand Prize of $50,000 for the Food Chain Innovation ChallengeBusiness Wire
- Lineage, Inc. (NASDAQ: LINE) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $94.00 price target on the stock.MarketBeat
LINE
Sec Filings
- 8/27/24 - Form 4
- 8/27/24 - Form 4
- 8/27/24 - Form 4
- LINE's page on the SEC website