Fitch Revises Invitation Homes’ Rating Outlook to ‘Positive’ from ‘Stable’
August 17 2023 - 4:30PM
Business Wire
Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the
“Company”), announced today that Fitch Ratings (“Fitch”) revised
its rating outlook for the Company to ‘Positive’ from ‘Stable’ and
affirmed the Company’s ratings, including the ‘BBB’ Long-Term
Issuer Default Ratings.
In its public announcement on the matter, Fitch cited its
“positive outlook revision considers [the Company’s] balance sheet
and capital access strength” and noted that “such access positions
the Company well for opportunistic transactions and cushion in
addressing upcoming maturities. This is possible with Invitation
Homes’ relationships with builders, joint venture partnerships and
capital recycling program that provide for a variety of funding
avenues and future growth opportunities.”
About Invitation Homes
Invitation Homes, an S&P 500 company, is the nation's
premier single-family home leasing company, meeting changing
lifestyle demands by providing access to high-quality, updated
homes with valued features such as close proximity to jobs and
access to good schools. The Company's mission, "Together with you,
we make a house a home," reflects its commitment to providing homes
where individuals and families can thrive and high-touch service
that continuously enhances residents' living experiences.
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version on businesswire.com: https://www.businesswire.com/news/home/20230817963733/en/
Investor Relations Contact: Scott McLaughlin 844.456.INVH
(4684) IR@InvitationHomes.com
Media Relations Contact: Kristi DesJarlais 972.421.3587
Media@InvitationHomes.com
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