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News Breaks | | | | March 18, 2013 | | 16:56 EDT |  | EQR | Fitch removes Equity Residential from rating watch negative, outlook stable
Fitch Ratings has removed the rating watch negative and affirmed the following ratings for Equity Residential and ERP Operating Limited Partnership, EQR's principal operating subsidiary. Equity Residential: issuer default rating at 'BBB+'; preferred stock at 'BBB-'. ERP Operating Limited Partnership: IDR at 'BBB+'; unsecured revolving credit facility at 'BBB+'; senior unsecured notes at 'BBB+'. Fitch has also assigned a 'BBB+' rating to EQR's unsecured revolving term loan. The rating outlook is stable. The removal of the rating watch negative and affirmation of EQR's ratings are the result of the company successfully raising equity and selling assets consistent with the company's de-leveraging plan. | |
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News For EQR From The Last 14 Days Check below for free stories on EQR the last two weeks. |
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| June 18, 2013 | | 08:38 EDT |  | EQR | Equity Residential weakness creates buying opportunity, says Argus
Argus expects Equity Residential to benefit from an ongoing up-cycle for the apartment segment and its acquisition of Archstone properties. The firm reiterates a $68 price target on the stock. | |
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