Credit Rating Report

Americold Realty Operating Partnership, L.P.: Rating Report

Real Estate

Summary

On September 14, 2022, DBRS Limited (DBRS Morningstar) confirmed Americold Realty Operating Partnership, L.P.’s (the Company) Issuer Rating and Senior Unsecured Notes rating at BBB and changed the trends to Stable from Positive. DBRS Morningstar notes that the ratings are based on the credit risk profile of the combined entity, including the Company and its subsidiaries, as well as Americold Realty Trust.

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