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Fitch Revises Outlook on Neinor Homes to Positive After Aedas Purchase; Rating Affirmed

MT Newswires·10/27/2026 05:45:51
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05:45 AM EDT, 10/27/2026 (MT Newswires) -- Fitch changed its outlook on Neinor Homes (HOME.MC) to positive from stable and affirmed the company's long-term issuer default rating at B+. The rating agency expects the Spanish real estate company's acquisition of peer Aedas Homes (AEDAS.MC) to materially strengthen its business profile. Fitch also anticipates the company's financial profile to improve as leverage moderates and free cash flow turns positive between 2027 and 2028, according to a Monday release.