Unibail-Rodamco-Westfield announces successful €1.25 Bn bond placement
17 Mai 2021 - 11:08PM
Unibail-Rodamco-Westfield announces successful €1.25 Bn bond
placement
Paris, Amsterdam, May 17, 2021
Press release
Unibail-Rodamco-Westfield announces
successful €1.25 Bn bond placement
URW today successfully priced a €1.25 Bn
two-tranche senior bond offering, strengthening its liquidity
position and extending the Group’s debt maturity:
- A €650 Mn bond with a 7-year and 5-month maturity and a
0.75% fixed coupon; and
- A €600 Mn bond with a 12-year maturity and a 1.375% fixed
coupon.
The net proceeds from this issuance will be used
for general corporate purposes, including the refinancing of
upcoming bond maturities.
For further information, please
contact:
Investor Relations Samuel
Warwood Maarten Otte +33 1 76 77 58
02 Maarten.otte@urw.com
Media Relations Nathalie Feld – Image 7+33
6 30 47 18 37nfeld@image7.fr
Cornelia Schnepf – Finelk+44 7387 108
998Cornelia.Schnepf@finelk.eu
About Unibail-Rodamco-Westfield
Unibail-Rodamco-Westfield is the premier global
developer and operator of Flagship Destinations, with a portfolio
valued at €56.3 Bn as at December 31, 2020, of which 85% in retail,
8% in offices, 5% in convention & exhibition venues and 2% in
services. Currently, the Group owns and operates 87 shopping
centres, including 53 Flagships in the most dynamic cities in
Europe and the United States. Present on two 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 3,100
professionals and an unparalleled track-record and know-how,
Unibail-Rodamco-Westfield is ideally positioned to generate
superior value and develop world-class projects.
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 BBB+ rating from Standard
& Poor’s and from a Baa2 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_group
- Unibail-Rodamco-Westfield announces successful €1.25 Bn bond
placement