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05.15.2009 5:06 pm

Fenton shopping center’s debt is downgraded

St. Louis Post-Dispatch

Sales are up this year at the Gravois Bluffs shopping center in Fenton, but Fitch Ratings thinks the closing of the nearby Chrysler plant has made the project a riskier investment.

Fitch downgraded Gravois Bluffs’ debt today to BBB-minus, its lowest…

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