Business
Scentre prices $US3b subordinated debt deal – The Australian Financial Review
Shopping centre owner Scentre Group has priced a two tranche $US3 billion ($4.1 billion) subordinated debt deal.
Shopping centre owner Scentre Group has priced a two tranche $US3 billion ($4.1 billion) subordinated debt deal, after getting in front of fixed income investors earlier this week.
Westfield operator Scentre has priced its debt market raising Brook Mitchell
Scentre will issue $US1.5 billion worth of subordinated notes with 6-year non-call periods and 60-year final maturity, and $US1.5 billion worth of the same notes but with a 10-year non-call period.
The 6-year non-call notes will yield 4.7…
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