Moody's assigns Baa1 foreign currency issuer rating to MPACT

Moody's Investors Service has assigned a Baa1 foreign currency issuer rating to Mapletree Pan Asia Commercial Trust (MPACT) (SGX:N2IU) .

This reflects the trust’s strong operating performance through the years from a portfolio of good-quality assets in Singapore and North Asia, as well as a track record of prudent financial management as demonstrated by its funding of acquisitions with a balanced mix of debt and equity, Moody’s says in a statement.