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Fitch Assigns First-Time 'BBB' To Ascott Residence Trust; Outlook Stable

BackSep 26, 2017

Announcement Title	General Announcement
Date & Time of Broadcast	Sep 26, 2017 17:34
Status	New
Announcement Sub Title	Fitch Assigns First-Time 'BBB' to Ascott Residence Trust; Outlook Stable
Announcement Reference	SG170926OTHRTA62
Submitted By (Co./ Ind. Name)	Karen Chan
Designation	Company Secretary, Ascott Residence Trust Management Limited
Description (Please provide a detailed description of the event in the box below)	Fitch Ratings has assigned a "BBB" Long-Term Issuer Default Rating with Stable Outlook to Ascott Residence Trust ("Ascott REIT"). The agency has also assigned a "BBB" senior unsecured rating to Ascott REIT, and to its SGD 1 billion multicurrency outstanding medium term notes programme. Please see attached press release by Fitch Ratings for information.

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