The ratings reflect COPT's strong franchise and favorable relationship with U.S. Government and defense contractor tenants, improving credit metrics, and adequate financial flexibility supported by sufficient unencumbered asset coverage of unsecured debt and diversified financing strategy.
http://www.businesswire.com/news/home/20130416006135/en/Fitch-Assigns-Initial-BBB--IDR-Corporate-Office
http://www.businesswire.com/news/home/20130416006135/en/Fitch-Assigns-Initial-BBB--IDR-Corporate-Office
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