Westfield America Trust issues prospectuses
18 April 2002
Countries: United States
Westfield America Trust has today lodged prospectuses with the Australian Securities and Investments Commission (ASIC) in relation to an $84 million Priority Entitlement at $1.61 per unit to eligible members as announced to the market on the 22nd February 2002, and a $66 million retail offer at $1.77 per unit.
The Priority Entitlement will open on Monday 22nd April 2002. The prospectus will be mailed to eligible members on the register as at 21st February 2002 who did not participate in the $1.15 billion institutional placement. The Priority Entitlement will be open until Thursday 9th May 2002.
The Retail Offer which has been placed with 4 sponsoring brokers – ABN AMRO Morgans, ComSec, JBWere and UBS Warburg – will also open on Monday 22nd April 2002 and close on Thursday 16th May 2002.
Full details are contained in the prospectuses.