Stockland announces consent solicitation process for Australian dollar notes

On 8 January, Stockland Trust Management (Stockland) (A-/A3) announced a consent solicitation process on its A$150 million (US$106.9 million) September 2019, A$160 million November 2020 and A$250 million November 2022 notes. The issuer is proposing amendments to the terms and conditions of the notes, such that they align with its senior-unsecured bank debt facilities and global senior-unsecured funding.