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Prospect News home > News index > List of issuers W > Headlines for Westfield Stratford City Finance plc > News item
Published on 7/22/2019 in the Prospect News Liability Management Daily.

Westfield Stratford calls £750 million real estate loan-backed notes

By Sarah Lizee

Olympia, Wash., July 22 – Westfield Stratford City Finance plc plans to redeem its £750 million of commercial real estate loan-backed floating-rate notes due 2024, according to a notice.

The notes will be redeemed on Aug. 6.

The notes are subject to mandatory redemption from prepayment of funds. Westfield said that proceeds from the repayment of a £750 million term loan facility borrowed by Stratford City Shopping Centre (No. 1) LP will be used for the redemption.


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