PARIS--(BUSINESS WIRE)--Regulatory News:
Colonial has informed Société Foncière Lyonnaise (Paris:FLY) that, in the framework of the negotiation of its debt which maturity falls at the end of 2014, it is considering various options for the restructuring of its debt, the partial or total sale of its shareholding stake in SFL being one of the alternatives explored.
SFL closely monitors the evolution of the situation and the potential impact for the company.
With an exceptional portfolio of properties valued at €3.8 billion including transfer costs, essentially located in the Paris Central Business District, SFL is a preferred vehicle for investors wishing to invest in the Paris office and retail property market. As the leading player in this market, the Group is firmly focused on pro-actively managing high-quality property assets. SFL has elected to be taxed as an SIIC since 2003.
STOCK MARKET:
Euronext Paris Compartment A – Euronext Paris ISIN FR0000033409 – Bloomberg: FLY FP – Reuters: FLYP PA
S&P RATING: BBB- Stable outlook
