Luokitukset


Cityconilla on kaksi investointitason luottoluokitusta.

Standard & Poor's
Pitkäaikainen luottoluokitus: BBB
Näkymä: Vakaa
Alkaen: 10.5.2013
Viimeisin luokituksen nosto: 9.7.2014
S&P:n  uusin raportti (englanninkielinen): S&P:n raportti 29.5.2017

"SP Global Ratings' stable outlook on Finland-based retail property investment company Citycon Oyj reflects our view of the company's resilient income from its retail property portfolio in Sweden and the growing share of its Norway-based assets. We think income from Sweden and Norway will likely enable the company to cope with weakening demand in Finland and the Baltics. We believe the company should maintain ratios of EBITDA interest coverage above 2.5x and debt to debt plus equity lower than 50% as part of its funding policy and disposals."

Moody’s
Pitkäaikainen luottoluokitus: Baa1
Näkymä: Negatiivinen
Alkaen:  16.5.2013
Viimeisin luokituksen nosto: 15.1.2016
Moody’sin uusin raportti (englanninkielinen): Moody'sin raportti 26.7.2017

"Citycon's Baa1 long term issuer rating primarily reflects (i) the high quality of its shopping centre portfolio and the company's good franchise value in the Nordics, (ii) its excellent geographic exposure to three strong economies in the Nordic region, good industry diversification and moderate tenant concentration, (iii) a moderate development pipeline, (iv) a good and further improving fixed charge coverage, (v) solid liquidity underpinned by a fully unencumbered asset bases and (vi) good access to capital despite presence of a dominant stakeholder."