The rating affirmation reflects Scope's expectation that strong operating performance will allow the company to keep moderate leverage and maintain sufficient interest coverage, even with new debt financing.

The rating affirmation is based on the expectation that strong operating performance will offset temporary pressure on leverage and interest cover, both driven by debt financed development activity.

The rating is driven by Infogroup’s good credit metrics supported by stable operational performance from a property portfolio of moderate asset quality. The small size, the limited diversification as well as the short WAULT are major rating constraints.