Moody’s Investors Service has upgraded Citycon’s investment grade level long-term corporate credit rating to Baa2. The outlook is stable. The previous rating was Baa3 with a stable outlook.

 

 The rating was placed under review for upgrade on 19 May following Citycon’s announcement of two consecutive share issuances totaling approximately EUR 400 million.

 

 Moody’s original report is attached to this release.

 

 

 Helsinki, 30 July 2014

 

 

 CITYCON OYJ

 

 

 For further information, please contact:

 Eero Sihvonen, Executive Vice President and CFO

 Tel. +358 20 766 4459 or +358 50 557 9137

 eero.sihvonen@citycon.com

 

 

 Citycon Oyj (NASDAQ OMX: CTY1S) is a leading owner, developer and manager of urban grocery-anchored shopping centres in the Nordic and Baltic region, managing assets that total approximately EUR 3.3 billion and with market capitalisation of approximately EUR 1.6 billion. For more information about Citycon, please visit www.citycon.com

 

 

 Distribution:

 NASDAQ OMX Helsinki

 Major media

 www.citycon.com

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