Research Update: France-Based Property Group Unibail-Rodamco 'A' Long-Term and 'A-1' Short-Term Ratings Affirmed; Outlook Stable Jun 10
- ID: 1886590
- June 2010
- Standard & Poors
France-based property group Unibail-Rodamco has, in our view, a large, high-quality, and diversified retail property portfolio that provides stable cash flows. It also has a solid capital structure. We are affirming our 'A' long-term and 'A-1' short-term corporate credit ratings on Unibail-Rodamco. The stable outlook mainly reflects our view of the group's ability to maintain adequate leverage and financial flexibility amid difficult market conditions. On June 4, 2010, Standard & Poor's Ratings Services affirmed its 'A' long-term and 'A-1' short-term corporate credit ratings on France-based property group Unibail-Rodamco. The outlook is stable. The ratings on France-based property group Unibail-Rodamco reflect our view of its position as Europe's largest real estate company; its high-quality and well-diversified property portfolio that is mostly...
Companies mentioned in this report are: Unibail-Rodamco,Rodamco Europe N.V.,Rodamco Europe Finance B.V.,Rodamco Sverige AB
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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