Fitch rates NEXT Properties' proposed exchange notes BBB
Fitch assigned a BBB- rating to NEXT Properties' proposed exchange notes.
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Fitch assigned a BBB- rating to NEXT Properties' proposed exchange notes.
Fitch assigned a BBB- rating to NEXT Properties’ proposed dollar-denominated senior unsecured notes due 2036 and 2056. The notes are tied to an exchange offer that will not generate cash proceeds and will cancel tendered notes rather than reissue them.