The issuer default rating and outstanding debt ratings of Sovran Self Storage Inc., a real estate investment trust based in Buffalo, N.Y., and Sovran Acquisition LP have been affirmed at BBB-minus and removed from Rating Watch Negative by Fitch Ratings. Fitch said the action was based on Sovran's entry into financing arrangements totaling $375 million that "provide Sovran renewed availability under its revolving credit facility, improve the company's liquidity, and address near-term debt maturities." Sovran can be found on the Web at http://www.sovranss.com.
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