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Fitch Ratings Affirms SL Green's IDR At 'BB+'; Outlook Stable

Fitch Ratings said Monday that it has affirmed SL Green Realty Corp.'s (SLG) Issuer Default Rating at 'BB+'.

The Rating Outlook is Stable.

Fitch said the affirmation of SL Green's ratings reflect the company's credit strengths, including its staggered lease maturity and manageable debt expiration schedules, good contingent liquidity in the form of unencumbered assets and the company's maintenance of leverage and fixed charge coverage appropriate for the rating category.

by RTTNews Staff Writer

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