Investment Grade Ratings from All Three Ratings Agencies

Care Capital Properties’ strong property-level coverage ratios, conservative capital structure with no secured debt and experienced management team is the foundation of our favorable ratings by all three agencies.

Credit Rating Agency Rating Outlook
Fitch Ratings BBB- Stable
Moody’s Investor Services Baa3 Stable
Standard & Poor’s Ratings Services BB+* Stable

*Standard & Poor’s assigned a corporate rating of “BB+,” but has indicated that it would expect senior unsecured bonds issued by Care Capital LP to be rated “BBB-.”

Fitch Ratings (September 2015)

Moody’s Investor Services (September 2015)

Standard & Poor’s Ratings Services (September 2015)