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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
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FEATURED COMPANIES

  • Rodamco Europe N.V.
  • Rodamco Sverige AB
  • Unibail-Rodamco
  • MORE

Abstract
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: Affirmed
Action: Outlook: Stable

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, READ MORE >

Note: Product cover images may vary from those shown
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- Unibail-Rodamco
- Rodamco Europe N.V.
- Rodamco Europe Finance B.V.
- Rodamco Sverige AB

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown

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