OREANDA-NEWS. Fitch Ratings has affirmed Parkway Life Real Estate Investment Trust's (PREIT) 'BBB' Long-Term Foreign-Currency Issuer Default Rating with Stable Outlook, and the 'BBB' Long-Term Rating on its SGD500m medium-term note programme. At the same time Fitch has withdrawn these ratings for commercial reasons. Accordingly Fitch will no longer provide ratings or analytical coverage of PREIT.

KEY RATING DRIVERS

Please refer to the rating action commentary Fitch Affirms Parkway Life REIT at 'BBB'; Outlook Stable', dated 19 July 2016, and available at www. fitchratings. com.

RATING SENSITIVITIES

No longer relevant as the rating has been withdrawn.