Welltower Secures Credit Rating Upgrade From S&P & Moody's

Welltower (WELL) recently announced that S&P Global Ratings and Moody's Investor Service, Inc. raised their credit ratings related to the company to "A-" (stable outlook) and to "A3" (stable outlook), respectively. S&P highlighted that Welltower's rating upgrade is attributed to the robust industry tailwinds and the improvement of its balance sheet. S&P also anticipates that strong operational performance will lead to further enhancements in credit metrics in the coming two years. This improvement is expect ...