Fitch affirms Arada’s IDR at ‘B+’/stable; senior unsecured rating at ‘BB-‘/’RR3’

Fitch Ratings has affirmed Arada Developments LLC’s Long-Term Issuer Default Rating (IDR) at ‘B+’, with a Stable Outlook, and its senior unsecured debt at ‘BB-‘, with a Recovery Rating of ‘RR3’.