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Agree Realty Achieves A- Credit Rating From Fitch Ratings

1. Fitch Ratings assigns ADC an A- issuer rating with a stable outlook. 2. The rating reflects superior tenant credit quality and low e-commerce exposure.

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FAQ

Why Bullish?

An A- rating from Fitch historically correlates with improved stock performance for REITs, especially those with stable cash flows. For example, other REITs receiving similar ratings have seen upward stock trends as investor confidence boosts demand.

How important is it?

The Fitch rating is a significant endorsement of ADC's financial health and management, likely attracting institutional investors and boosting stock demand.

Why Short Term?

Immediate positive market reactions are likely as investors respond to the upgraded credit rating. Such upgrades often lead to increased institutional investments in the short term, which historically improves stock prices.

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OWPCOHISPGDLR
ROYAL OAK, Mich.--(BUSINESS WIRE)--Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced that Fitch Ratings (“Fitch”) has assigned the Company an A- issuer rating with a stable outlook. According to Fitch's press release, the A- issuer rating reflects the Company's superior tenant credit quality with a focus on investment grade tenants as well as tenants whose products are less exposed to e-commerce or who have successfully adapted omnichannel strategies. In addition, Fitch noted.

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