Invitation Homes Receives Credit Rating Upgrade to ‘BBB+’ from Fitch
Invitation Homes (NYSE: INVH), the leading single-family home leasing and management company in the US, has received a credit rating upgrade from Fitch Ratings. The company's issuer and issue-level credit ratings have been raised to 'BBB+' from 'BBB' with a stable outlook.
Fitch's upgrade reflects Invitation Homes' progress in reducing leverage and enhancing capital markets access. The rating agency also noted the company's favorable operating trends in its sector and its well-diversified, granular portfolio.
Jon Olsen, Executive Vice President and CFO of Invitation Homes, expressed satisfaction with the upgrade, viewing it as validation of the company's strong balance sheet, financial flexibility, and overall growth strategy.
Invitation Homes (NYSE: INVH), la principale azienda di affitto e gestione di case unifamiliari negli Stati Uniti, ha ricevuto un upgrade del rating creditizio da Fitch Ratings. I rating creditizi a livello di emissione e dell'emittente sono stati innalzati a 'BBB+' da 'BBB' con un outlook stabile.
Il miglioramento da parte di Fitch riflette i progressi di Invitation Homes nella riduzione della leva finanziaria e nel potenziamento dell'accesso ai mercati dei capitali. L'agenzia di rating ha anche notato le tendenze operative favorevoli della società nel suo settore e il suo portafoglio ben diversificato e dettagliato.
Jon Olsen, Vicepresidente Esecutivo e CFO di Invitation Homes, ha espresso soddisfazione per l'upgrade, considerandolo una convalida del forte bilancio, della flessibilità finanziaria e della strategia di crescita complessiva dell'azienda.
Invitation Homes (NYSE: INVH), la principal empresa de arrendamiento y gestión de viviendas unifamiliares en EE.UU., ha recibido una mejora en su calificación crediticia por parte de Fitch Ratings. Las calificaciones crediticias a nivel de emisor y de emisión han sido elevadas a 'BBB+' desde 'BBB', con una perspectiva estable.
El aumento de Fitch refleja el progreso de Invitation Homes en la reducción de apalancamiento y en la mejora del acceso a los mercados de capitales. La agencia de calificación también destacó las tendencias operativas favorables en su sector y su cartera bien diversificada y granular.
Jon Olsen, Vicepresidente Ejecutivo y CFO de Invitation Homes, expresó su satisfacción con la mejora, viéndola como una validación de su sólida hoja de balance, flexibilidad financiera y estrategia general de crecimiento.
Invitation Homes (NYSE: INVH), 미국의 주요 단독 주택 임대 및 관리 회사가 Fitch Ratings에서 신용 등급을 상향 조정받았습니다. 회사의 발행인 및 발행 수준 신용 등급은 'BBB+'에서 'BBB'로 상향 조정되었으며, 안정적인 전망을 가지고 있습니다.
Fitch의 신용 등급 상향은 Invitation Homes가 레버리지를 줄이고 자본 시장 접근성을 향상시키는 데 있어 진전을 이루었음을 반영합니다. 신용 평가 기관은 또한 이 회사의 산업 내 유리한 운영 추세와 잘 분산된 세분화된 포트폴리오를 언급했습니다.
Invitation Homes의 최고재무책임자(CFO)인 Jon Olsen은 이번 등급 상향에 대해 만족감을 표하며 회사의 강력한 재무제표, 재무 유연성 및 전반적인 성장 전략에 대한 유효성의 확인으로 여겼습니다.
Invitation Homes (NYSE: INVH), la principale société de location et de gestion de maisons individuelles aux États-Unis, a reçu une mise à niveau de sa note de crédit par Fitch Ratings. Les notes de crédit de l'émetteur et des émissions ont été rehaussées à 'BBB+' depuis 'BBB', avec une perspective stable.
La mise à niveau par Fitch reflète les progrès d'Invitation Homes dans la réduction de l'effet de levier et l'amélioration de l'accès aux marchés de capitaux. L'agence de notation a également souligné les tendances opérationnelles favorables de l'entreprise dans son secteur et son portefeuille bien diversifié et granulaire.
Jon Olsen, Vice-Président Exécutif et CFO d'Invitation Homes, a exprimé sa satisfaction quant à cette mise à niveau, la considérant comme une validation de la solidité du bilan, de la flexibilité financière et de la stratégie de croissance globale de l'entreprise.
Invitation Homes (NYSE: INVH), das führende Unternehmen für die Vermietung und Verwaltung von Einfamilienhäusern in den USA, hat ein Upgrade der Kreditwürdigkeit von Fitch Ratings erhalten. Die Emittenten- und Emissions-Kreditratings wurden von 'BBB' auf 'BBB+' mit stabiler Ausblick erhöht.
Das Upgrade von Fitch spiegelt die Fortschritte von Invitation Homes bei der Reduzierung des Fremdkapitals und der Verbesserung des Zugangs zu den Kapitalmärkten wider. Die Ratingagentur bemerkte auch die günstigen Betriebstrends des Unternehmens in seinem Sektor und sein gut diversifiziertes, granular aufgebautes Portfolio.
Jon Olsen, Executive Vice President und CFO von Invitation Homes, äußerte Zufriedenheit mit dem Upgrade und sieht es als Bestätigung für die starke Bilanz, die finanzielle Flexibilität und die allgemeine Wachstumsstrategie des Unternehmens an.
- Credit rating upgrade from 'BBB' to 'BBB+' by Fitch Ratings
- Progress in reducing leverage
- Enhanced capital markets access
- Favorable operating trends in the sector
- Well-diversified and granular portfolio
- None.
According to Fitch’s published report, the upgraded rating reflects Invitation Homes’ progress in reducing leverage and enhancing capital markets access. Fitch further elaborated that Invitation Homes benefits from favorable operating trends in its sector and a well-diversified, granular portfolio.
“We are pleased to receive Fitch’s upgrade and recognition of the strength of our balance sheet and overall business,” said Jon Olsen, the Company’s Executive Vice President and Chief Financial Officer. “We believe these ratings are an added validation of our strong balance sheet, financial flexibility, and overall growth strategy.”
About Invitation Homes
Invitation Homes, an S&P 500 company, is the nation's premier single-family home leasing and management 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.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which include, but are not limited to, statements related to the Company's expectations regarding the performance of the Company's business, its financial results, its liquidity and capital resources, and other non-historical statements. In some cases, you can identify these forward-looking statements by the use of words such as “outlook,” “guidance,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties, including, among others, risks inherent to the single-family rental industry and the Company's business model, macroeconomic factors beyond the Company's control, competition in identifying and acquiring properties, competition in the leasing market for quality residents, increasing property taxes, homeowners’ association and insurance costs, poor resident selection and defaults and non-renewals by the Company's residents, the Company's dependence on third parties for key services, risks related to the evaluation of properties, performance of the Company's information technology systems, risks related to the Company's indebtedness, and risks related to the potential negative impact of unfavorable global and
View source version on businesswire.com: https://www.businesswire.com/news/home/20240923465129/en/
Investor Relations Contact:
Scott McLaughlin
844.456.INVH (4684)
IR@InvitationHomes.com
Media Relations Contact:
Kristi DesJarlais
972.421.3587
Media@InvitationHomes.com
Source: Invitation Homes Inc.
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