12.06.2015 00:31:00

Corio N.V. -- Moody's upgrades Corio's outstanding notes to A3 on completion of merger with Klépierre; rating outlook changed to stable

London, 11 June 2015 -- Moody's Investors Service today upgraded the senior unsecured backed long term instrument ratings of Corio N.V. to A3 from Baa1 (which have been assumed by Klépierre S.A). Moody's simultaneously withdrew Corio's Baa1/P-2 issuer rating and (P)Baa1Euro MTN Program. This concludes Moody's review of Corio's ratings for possible upgrade following its merger with Klépierre S.A. The rating outlook for the A3 Corio N.V. instrument rating is stable.

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