Scentre raises $3bn in EU bonds

Newly formed shopping mall meets strong demand for massive bond deal.

The controversial demerger of Westfield Corporation has received a resounding tick of approval from European investors overnight, with new entity Scentre Group (SCG) raising over $3 billion in European bonds. 

The group raised the equivalent of $A3.045bn in senior guaranteed notes under its Euro medium term note program, meeting strong demand in one of the largest euro denominated debt raisings by an Australian firm.

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