...LONDON (Standard & Poor's) Oct. 23, 2014--Standard & Poor's Ratings Services said today that its ratings on French real estate company Klepierre S.A. (A-/Watch Neg/A-2) are unchanged following the publication of third-quarter results. Results showed stable operating performance and that management's guidance on cash flow generation for 2014 was unchanged. At the same time, the ratings on Dutch real estate company Corio N.V. (###+/Watch Pos/A-2) are unchanged. We originally placed the ratings on both companies on CreditWatch on July 29, 2014 after Klepierre announced its intention to acquire Corio in an all-share transaction. We intend to resolve the CreditWatch on each company in the next 90 days if and when the acquisition of Corio by Klepierre is completed and once we assess the asset quality of the combined property portfolio. Under Standard & Poor's policies, only a Rating Committee can determine a Credit Rating Action (including a Credit Rating change, affirmation or withdrawal, Rating...
