Unibail-Rodamco-Westfield (“URW”) announces the successful placement of a 30-year €500 Mn bond offering
June 26 2019 - 5:30PM
Paris, Amsterdam, June 26, 2019
Press release
Unibail-Rodamco-Westfield (“URW”) announces
the successful placement of a 30-year €500 Mn bond offering
URW today successfully priced a €500 Mn senior
bond offering, with a 30-year maturity and a 1.75% fixed
coupon.
URW is the first REIT to issue 30-year notes in
the Euro bond market. The rate of 1.75% reflects the lowest coupon
ever for a Euro issue of this maturity by a corporate issuer, which
shows the confidence of the credit market in URW’s balance sheet
and performance.
The net proceeds from the bonds will be used for general
corporate purposes and will further extend URW’s debt maturity
profile at attractive conditions.
For further information, please
contact:
Investor Relations Samuel WarwoodMaarten
Otte +33 1 76 77 58 02 Maarten.otte@urw.com
Media Relations Tiphaine Bannelier-Sudérie +33 1 76
77 57 94 Tiphaine.Bannelier-Suderie@urw.com
About Unibail-Rodamco-Westfield
Unibail-Rodamco-Westfield is the premier global
developer and operator of flagship shopping destinations, with a
portfolio valued at €65.2 Bn as at December 31, 2018, of which 87%
in retail, 6% in offices, 5% in convention & exhibition venues
and 2% in services. Currently, the Group owns and operates 92
shopping centres, including 55 flagships in the most dynamic cities
in Europe and the United States. Its centres welcome 1.2 billion
visits per year. Present on 2 continents and in 12 countries,
Unibail-Rodamco-Westfield provides a unique platform for retailers
and brand events, and offers an exceptional and constantly renewed
experience for customers. With the support of its 3,700
professionals and an unparalleled track-record and know-how,
Unibail-Rodamco-Westfield is ideally positioned to generate
superior value and develop world-class projects. The Group has a
development pipeline of €11.9 Bn.Unibail-Rodamco-Westfield
distinguishes itself by its Better Places 2030 agenda, that sets
its ambition to create better places that respect the highest
environmental standards and contribute to better cities.
Unibail-Rodamco-Westfield stapled shares are listed on Euronext
Amsterdam and Euronext Paris (Euronext ticker: URW), with a
secondary listing in Australia through Chess Depositary Interests.
The Group benefits from an A rating from Standard & Poor’s and
from an A2 rating from Moody’s.
For more information, please visit
www.urw.comVisit our Media Library at
https://mediacentre.urw.comFollow the Group updates on Twitter
@urw_group, Linkedin @Unibail-Rodamco-Westfield and Instagram
@urw_groupAccess the URW 2018 report at
https://report.urw.com/2018/
Unilever (NYSE:UL)
Historical Stock Chart
From Mar 2024 to Apr 2024
Unilever (NYSE:UL)
Historical Stock Chart
From Apr 2023 to Apr 2024