Paris, Amsterdam, May 2, 2018
Press release
Unibail-Rodamco announces the successful placement of €3 billion of bonds;
Cash consideration of Westfield Transaction fully financed
Following the successful issuance of a €2.0 Bn dual-tranche hybrid transaction on April 16th, Unibail-Rodamco today priced a €3.0 Bn four-tranche senior bonds offering:
The combined order book came to ca. €5.0 Bn. The proceeds of this transaction will finance part of the cash consideration of the Westfield acquisition and will reduce Unibail-Rodamco's bridge facility by a further €3.0 Bn.
The bonds have been rated A2 (stable) and A (stable) by Moody's and S&P respectively.
For the most recent information on the Westfield Transaction, including the investor presentation uploaded on April 16, 2018, please consult the Westfield Transaction section on the Unibail-Rodamco website: www.unibail-rodamco.com
For further information, please contact:
Investor Relations
Maarten Otte
+33 1 76 77 58 02
maarten.otte@unibail-rodamco.com
Media Relations
Nathalie Feld
+33 1 76 77 57 94
nathalie.feld.contractor@unibail-rodamco.com
About Unibail-Rodamco
Created in 1968, Unibail-Rodamco SE is Europe's largest listed commercial property company, with a presence in 11 Continental European countries, and a portfolio of assets valued at €43.1 Bn as of December 31, 2017. As an integrated operator, investor and developer, the Group aims to cover the whole of the real estate value creation chain. With the support of its 2,000 professionals, Unibail-Rodamco applies those skills to highly specialised market segments such as large shopping centres in major European cities or large offices and Convention & Exhibition centres in the Paris region.
The Group distinguishes itself through its focus on the highest architectural, city planning and environmental standards. Its sustainable vision focuses on the development or redevelopment of outstanding places to meet up, connect, shop, work and enjoy. The Group's commitment to environmental, economic and social sustainability is recognised by its inclusion in the FTSE4Good and STOXX Global ESG Leaders indexes.
The Group is a member of the CAC 40, AEX 25 and EuroSTOXX 50 indices. It benefits from an A rating from Standard & Poor's and Fitch Ratings.
For more information, please visit our website: www.unibail-rodamco.com
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