OREANDA-NEWS. Fitch Ratings has assigned a 'BBB+' rating to the senior unsecured notes due 2026 issued by Boston Properties LP (NYSE: BXP). The Rating Outlook is Stable.

BXP's superior portfolio asset quality, management and capital access support the ratings. The ratings also reflect BXP's adequate liquidity position that is supported by its large unrestricted cash balance, retained free cash flow, near full availability under its $1 billion revolving credit facility and its large unencumbered pool of high-quality assets in markets with excellent investment and financing liquidity characteristics.