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NET LEASE TENANT CREDIT RATINGS

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Parent Company

Sector

Ticker Symbol

S&P2

S&P Outlook

Moody's

Moody's Outlook

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Parent Company:

Walgreens Boots Alliance

Sector:

Drug Store

Ticker Symbol:

S&P2:

WBA

BBB

S&P:

Stable

Moody's:

Moody's Outlook:

Baa2

Stable

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Parent Company:

Walmart Inc.

Sector:

Big Box

Ticker Symbol:

S&P2:

WMT

AA

S&P:

Stable

Moody's:

Moody's Outlook:

Aa2

Stable

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Parent Company:

Wild Goose Holding Co.

Sector:

Convenience Store

Ticker Symbol:

S&P2:

N/A

S&P:

Moody's:

Moody's Outlook:

NR

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Parent Company:

Wells Fargo & Company

Sector:

Financial Services

Ticker Symbol:

S&P2:

WFC

A-

S&P:

Stable

Moody's:

Moody's Outlook:

A2

Stable

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Parent Company:

Wendy's Company

Sector:

Quick Service Restaurant (QSR)

Ticker Symbol:

S&P2:

WEN

B

S&P:

Negative

Moody's:

Moody's Outlook:

B3

Negative

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Parent Company:

Whole Foods Market, Inc.

Sector:

Grocery

Ticker Symbol:

S&P2:

AMZN

A+

S&P:

Stable

Moody's:

Moody's Outlook:

A2

Positive

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