WRT takes A$900 million in debut bond deal [UPDATED]
- Monday, 11 April 2011
Westfield Retail Trust (WRT) (A+), the recently-founded entity which has taken ownership of the lion's share of Westfield Group (Westfield)'s Australasian assets, issued its debut bond transaction into the Australian market on April 12 one day after launch. The A$900 million (US$938 million) five-year deal was upsized from a launch volume of A$500 million and achieved indicative pricing of 120 basis points over swap.
