S&P assigns 'B-' to Romanian real estate developer Impact, outlook stable

BUCHAREST (Romania), November 28

S&P Global Ratings said it is assigning Romanian residential real estate developer Impact Developer & Contractor (Impact) a long-term issuer credit rating of 'B-' with stable outlook.

The stable outlook reflects S&P's view that Romania's growing economy and disposable incomes are likely to support good demand for Impact's real estate projects at least for the next 12 months, S&P Global Ratings said.

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