Fitch Discusses Rating Rationale Behind DDR Downgrade.

Business WireMay 19, 2009

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Fitch Discusses Rating Rationale Behind DDR Downgrade.

NEW YORK -- Late yesterday, Fitch Ratings downgraded Developers Diversified Realty Corporation's (NYSE: DDR) Issuer Default Rating (IDR) to 'BB' with a Negative Rating Outlook. Additional information is available in Fitch's press release published yesterday ('Fitch Downgrades DDR to 'BB'; Full Analysis To Follow'), which is available at www.fitchratings.com.

The rating actions centered on Fitch's...

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