Hong Kong, September 15, 2016 -- Moody's Investors Service says that Global Logistic Properties Limited's (GLP) acquisition of a logistics portfolio in the United States (Aaa stable) from Hillwood Development Company, LLC (unrated) will not immediately affect the company's Baa2 issuer or senior unsecured debt ratings, the provisional (P)Baa2 rating on its senior unsecured medium-term note (MTN) program, or the negative outlook on the ratings.
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