The French Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016
- Published: October 2011
- Region: France
On March 24, 2006, Standard & Poor's Ratings Services revised its outlook on French property group UNIBAIL HOLDING (Unibail) to stable from negative, reflecting Unibail's consistent operating performance, which allowed the group to post adequate credit metrics for the rating in 2005, despite a -1 billion exceptional dividend paid in early 2005, and the negative scope impact on rental cash flows from the disposal of Coeur Defense in 2004. At the same time, Standard & Poor's affirmed its 'A-/A-2' corporate credit ratings on Unibail. The ratings reflect the group's strong business profile, based on its portfolio of dominant and well-protected shopping centers, high-quality office assets in the large and liquid Paris market, and a solid investment and operating track record....
Companies mentioned in this report are: Unibail-Rodamco
Action: Outlook: Stable
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Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.
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