S&P confirms ARGAN's "investment grade" status with a BBB- rating, maintaining negative outlook.

S&P confirms French logistics real estate firm ARGAN's "investment grade" status with a BBB- rating, maintaining a negative outlook. ARGAN's strategic plan combines controlled growth and debt reduction, lowering LTV ratio to <40 % 2026 8x.< and by debt ebitda net reducing span to> The company's strong financial performance, sustainability commitment, and proactive ESG policy contribute to future refinancing under favorable conditions.

March 07, 2024
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