Unibail-Rodamco-Westfield (“URW”) announces the successful placement of a long 12-year €750 Mn bond offering
Paris, Amsterdam, October 22, 2019Press releaseUnibail-Rodamco-Westfield (“URW”) announces the successful placement of a long 12-year €750 Mn bond offeringURW today successfully priced a €750 Mn bond offering, maturing on March 29, 2032, with a 0.875% fixed coupon.As a result of strong demand, URW upsized the issuance from an announced €500 Mn to €750 Mn.The net proceeds from this issuance will be used for general corporate purposes and will further extend URW’s debt maturity profile at attractive conditions.The risk factors section of the 2018 Registration Document has been updated in the EMTN Base Prospectus dated
August 8, 2019, and registered by the AMF under number 19-0400. This Base Prospectus is available on the URW and AMF websites.For further information, please contact:Investor Relations
+33 1 76 77 58 02
+33 1 76 77 57 94
Tiphaine.Bannelier-Suderie@urw.comAbout Unibail-Rodamco-WestfieldUnibail-Rodamco-Westfield is the premier global developer and operator of Flagship destinations, with a portfolio valued at €65.0 Bn as at June 30, 2019, of which 86% in retail, 7% 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 €10.3 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.com
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Access the URW 2018 report at https://report.urw.com/2018/ Attachment20191022 Bond €750Mn