Report
Florent Laroche-Joubert ...
  • Nadine El Ouni
  • Nour El Houda Hammami

Unibail-Rodamco-Westfield : Une démarche prudente face à une crise sanitaire inédite !

>Une augmentation de capital de 3.5 Md€ dans un plan de refinancement de 9.0 Md€ - URW a annoncé hier soir un plan de refinancement de 9.0 Md€ pour faire face aux incertitudes de la crise sanitaire. Ce plan inclut 1/ une augmentation de capital de 3.5 Md€ destinée à réduire immédiatement le ratio LTV à 35.7% (vs 41.5%), 2/ limiter le paiement de dividendes cash via un dividende script ou un taux de distribution plus faible pour une économie de 1.0 Md€ sur 2 ans et 3/ ...
Underlying
Unibail-Rodamco-Westfield SE Stapled Secs Cons of 1 Sh Unibail Rodamco + 1 Sh WFD Unib Rod

Unibail-Rodamco is a commercial property operator, investor and developer. Co. is operationally organized in six geographical regions: France, Spain, Central Europe, Austria, the Nordics and The Netherlands. Its activities are divided into three business lines or segments: Shopping Centres, Offices and Convention & Exhibition. Co.'s Shopping Centres segment focuses primarily on the retail sector; the Offices segment takes care of office assets that are mainly located in the Parisian Central Business District; and the Convention-Exhibitions segment consists of a real estate venues and operations organization, and trade show organization.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Florent Laroche-Joubert

Nadine El Ouni

Nour El Houda Hammami

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