RETAIL giant Unibail-Rodamco-Westfield has successfully priced a €750 million senior bond offering that will be used for general corporate purposes, including refinancing debt maturing this year and extending its debt maturity.
The offering has a 12 year maturity and 2.0% fixed coupon, and the order book exceeded €1.6 billion.
The group will have €12.7 billion in cash on hand and undrawn credit lines upon closing of the senior bond offering.
URW was removed from the S&P/ASX 100 Index at the start of this week.
