Scentre Group Prices $750 million of Senior Notes
Scentre Group has priced a $750 million 6-year senior note issue in the Australian domestic market.
The notes carry a fixed rate coupon of 5.85%, which has been swapped to floating rate to reflect a margin of 1.20% over 3-month BBSW.
Proceeds of the issue will be used to repay existing indebtedness including borrowings under the Group’s revolving bank facilities. Settlement is scheduled for 22 April 2026.
This transaction aligns with the Group’s capital management strategy to extend the weighted average maturity of debt and reduce the overall weighted average cost of capital.
This announcement has been authorised for release by the Chief Executive Officer.
We acknowledge the Traditional Owners and communities of the lands on which our business operates.
—We pay our respect to Aboriginal and Torres Strait Islander cultures and to their Elders past and present.
—We recognise the unique role of Māori as Tangata Whenua of Aotearoa/New Zealand.
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