Form 8-K SL GREEN REALTY CORP For: Jan 28
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S&P Upgrades SL Green Realty (SLG) to 'BBB-'; Outlook Stable
January 29, 2016 2:39 PM ESTStandard & Poor's Ratings Services raised its corporate credit rating on SL Green Realty Corp. (NYSE: SLG) to 'BBB-' from 'BB+'. The outlook is stable.
At the same time, we affirmed our 'BBB-' unsecured issue-level ratings and withdrew the '2' recovery rating.
The upgrade reflects our expectation that SL Green will use proceeds from asset sales to repay debt and continue to benefit from modest demand and disciplined supply growth in the Manhattan... More
