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Klepierre SA (LOIM.PA)

LOIM.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Klepierre announces 500 million euro share repurchase program
Monday, 13 Mar 2017 03:15am EDT 

Klepierre SA :Announces a 500 million euro ($533.9 million) share repurchase program.  Full Article

Klepierre places 500 mln euro 10 year bonds with 1.375 pct coupon
Thursday, 9 Feb 2017 12:06pm EST 

Klepierre SA :Places 500 million euro ($532.95 million) 10 year bonds with 1.375 percent coupon.  Full Article

Klepierre total net rental income up at 1.08 bln euros
Monday, 6 Feb 2017 11:47am EST 

Klepierre SA : FY total net rental income 1.08 billion euros ($1.16 billion) versus 1.07 billion euros year ago . FY total revenues 1.3 billion euros versus 1.3 billion euros year ago . FY net current cash flow per share 2.31 euros versus 2.17 euros year ago . EPRA NAV per share at December 31, 2016 was 36.7 euros, up 5.9 percent . Proposes a dividend of 1.82 euros per share .Sees for 2017 a net current cash flow per share of 2.35 to 2.40 euros with stable or reduced level of net debt.  Full Article

Plaza Centers says reached settlement with Klepierre
Tuesday, 6 Dec 2016 09:00am EST 

Plaza Centers N.V.: Update on international court of arbitration case . Says company, Elbit Imaging Ltd. and plaintiff, Klepierre have reached a settlement whereby, inter alia, Elbit shall pay 1.2 mln euros to Klepierre .In addition, Plaza paid to Klepierre costs arising from legal process in amount of approximately 0.6 mln euros.  Full Article

Klépierre announces disposal of two shopping centers
Monday, 7 Nov 2016 12:00pm EST 

Klépierre SA : Klepierre announces the disposal of two shopping centers in Scandinavia . Klepierre announces that Steen & Strøm, its 56.1 pct-controlled subsidiary, has completed sale of its stakes in two shopping centers . 49.9 pct of Åsane Storsenter in Bergen, Norway (49,604 sq.m.) . 100 pct of Torp Köpcentrum in Uddevalla, Sweden (31,600 sq.m.) . Both transactions for a total consideration of 235 million euros ($259.35 million) excluding transfer duties . On a group share basis for Klépierre, proceeds from the disposals amount to 132 million euros .Transaction also releases additional financial capacity for Steen & Strøm to fund development projects in its pipeline and potential targeted acquisitions in Scandinavia.  Full Article

Klepierre to delist from Euronext Amsterdam on Nov. 7
Thursday, 6 Oct 2016 12:14pm EDT 

Klepierre SA : Delisting from Euronext Amsterdam of Klépierre S.A. shares . The last day of trading on Euronext Amsterdam will be Friday November 4, 2016 . The delisting will be effective Monday November 7, 2016 .No specific action is required from holders of Klépierre S.A. shares and they will not bear any cost due to delisting.  Full Article

Klepierre H1 net rental income up at 535.3 mln euros
Tuesday, 26 Jul 2016 11:45am EDT 

Klepierre SA : H1 total net rental income is 535.3 million euros ($588.0 million) versus 525.2 million euros a year ago . H1 total revenue is 647.7 million euros versus 654.4 million euros a year ago . H1 EPRA NAV per share of 34.8 euros versus 32.0 euros a year ago . H1 net current cash flow per share is 1.16 euros versus 1.07 euros a year ago . 2016 full-year guidance revised upward .Targeting net current cash flow per share of at least 2.25 euros for 2016, above the 2.23-2.25 euros per share range guidance announced in February 2016.  Full Article

Klepierre confirms FY 2016 guidance
Thursday, 28 Apr 2016 11:45am EDT 

Klepierre SA:Full year guidance confirmed 2016: net current cash flow per share of 2.23-2.25 euros.  Full Article

Klepierre successfully places 500 mln euro bond
Friday, 12 Feb 2016 11:45am EST 

Klepierre SA:Successfully placed 500 million euros of 10-year senior notes‍.Bond was priced at a 130 bps margin above swap rate which translates into a coupon of 1.875 pct​.‍10-year, 500 million euro bond maturing Feb. 19, 2026​; ‍oversubscribed 3.5 times​.‍Will use proceeds of this bond issuance to reimburse outstanding 526 million euros bond maturing in March 2016, with a 4.25 pct coupon​.‍Natixis, BNP Paribas, HSBC, Deutsche Bank and ING acted as active bookrunners in this transaction.  Full Article

Klepierre enters into agreement to acquire Oslo City shopping center
Monday, 14 Dec 2015 02:00am EST 

Klepierre SA:Enters into an agreement to acquire Oslo City, downtown Oslo's leading shopping center.Announces that Steen & Strøm, its 56.1 pct controlled Scandinavian subsidiary, has signed a sale and purchase agreement, jointly with Entra, to acquire Oslo City.Both partners will acquire holding company that owns Oslo City for a total consideration of 528 million euros ($578.6 million).Steen & Strøm will be buying 67 pct of Oslo City holding company for 344 million euros, and Entra will acquire remaining 33 pct.Impact of transaction on Klépierre's consolidated loan-to-value will be limited to circa 50 bps.Closing expected by year-end 2015.  Full Article

More From Around the Web

BRIEF-Klepierre announces 500 million euro share repurchase program

* Announces a 500 million euro ($533.9 million) share repurchase program Source text for Eikon: Further company coverage: ($1 = 0.9366 euros) (Gdynia Newsroom)