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intu Metrocentre £485m securitisation downgraded on back of sharp fall in mall's operating performance

New income signed has on average been 25% below ERV as of June 2019, Fitch says as it downgrades
CoStar News
November 18, 2019 | 10:26 AM

Fitch Ratings has downgraded Intu Metrocentre Finance's £485m fixed-rate notes due November 2028 to 'BBBsf' from 'Asf' and says the outlook remains negative.

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