This article is from the Australian Property Journal archive
SCENTRE Group has priced a US$1.5 billion (A$2.3 billion) debt issue in the United States market.
The debt issue comprises US$750 million 5.7-year fixed rate senior guaranteed notes with a coupon of 3.625%, and US$750 million 10-year fixed rate senior guaranteed notes with a coupon of 4.375%.
Scentre said proceeds of the issue will be used to repay existing indebtedness including borrowings under the group’s revolving bank facilities.
