Fitch Ratings said Monday that it has affirmed Health Care REIT, Inc.'s (HCN) Issuer Default Rating at 'BBB', unsecured bank credit facility at 'BBB', senior unsecured notes at 'BBB', convertible Senior unsecured notes at 'BBB' and preferred stock at'BBB-'.
The rating outlook is stable.
Fitch said the affirmation of HCN's ratings is based on HCN's large and growing portfolio of 620 properties and investments throughout 39 states, strong coverage and leverage ratios, portfolio diversity by investment type and geography, and its financial flexibility generated by a strong liquidity position and a sizable pool of unencumbered assets.
The stable outlook centers on Fitch's expectations that HCN's credit metrics will remain relatively unchanged, its manageable debt maturity schedule and a strong liquidity position. The outlook also takes into account Fitch's view that fundamentals within the senior health care sector will continue to be upheld by strong demographics and limited new supply, particularly within the medical office building and outpatient space.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.