Scentre Management Ltd

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD750.0005Jan-26Sr. UnsecuredA2AAFixedTsyT+400 aT+345 a3403.63%3799.39100
USD750.00010May-30Sr. UnsecuredA2AAFixedTsyT+412.5 aT+375 a3704.38%3799.77500
Tranche Comments
5 yr: Book size: 2400; Registration: 144A/Reg S; Comments: US$750m 3.625% cpn 5-year (1/28/26). At 99.391, yld 3.746%. T+340bp; 10 yr: Book size: 2000; Registration: 144A/Reg S; Comments: US$750m 4.375% cpn 10-year (5/28/30). At 99.775, yld 4.403%. T+370bp;
Deal Comments
Active Bookrunners: BNP, CTI (B&D), JPM, SMB. Passive Bookrunners: BAM, MOS, MUF, SCO. Joint Leads: ANZ, CBA.
Guarantor(s)
Scentre Group Ltd and RE2 Ltd (in its capacity as responsible entity and trustee of Scentre Group Trust 3) Subsidiary Guarantors: Scentre Finance (Aust) Ltd and RE (NZ) Finance Ltd
Use of Proceeds
Repay borrowings under revolving credit facilities
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
JQF863.00078Oct-20Nv. SxvorqvomL2WAKlkhjTknbjKM+115 mDB+95 t901.45%-93.75800
Tranche Comments
10 bc: Book size: 9652; Registration: Jtv C Nmnd; Comments: PVU500n jt-wqtl 10zq. E2/E/E. Egcftfl YNLL(Y&J)/JY/ZVWB/UYE. MLPl ZJ+115 jqfj, wwfnjjgf ZJ+95 jqfj, lfc ZJ+90 tj zk 2zj. KU 93% tl JYU 0.25% 2/29+138.3 @101.32. WPP 2.50zn (Jtwqgfh MWU);
Guarantor(s)
Syvnqhv Chaua Uql
Refinancing
Yes
Reset
Yes

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