TEXT - Fitch affirms EastGroup Properties
January 09, 2013 at 13:21 PM EST
Jan 9 - Fitch Ratings affirms the following credit ratings of EastGroup Properties Inc. (NYSE: EGP) and assigns ratings to its operating partnership, EastGroup Properties, LP (collectively EastGroup, or the company): EastGroup Properties, Inc. --Long-term Issuer Default Rating (IDR) at 'BBB'; --Unsecured revolving credit facility at 'BBB'; --Unsecured term loans at 'BBB'. EastGroup Properties, LP (as co-borrower with EastGroup Properties, Inc.) --Long-term IDR at 'BBB'; --Unsecured revolving