URW’s €1.3B Green Bond Oversubscribed by Investors

Unibail-Rodamco-Westfield SE Stapled Security Chess Depository Interests Repr 0.05 Sh (AU:URW) has released an update.

Unibail-Rodamco-Westfield (URW) has successfully issued a €1.3 billion green bond, split evenly between 5-year and 10-year maturities, attracting high demand with a fourfold oversubscription. The bond, aligning with URW’s sustainable financing and Better Places objectives, will bolster the company’s liquidity and extend its debt maturity profile. Set to trade on Euronext Paris, the bond proceeds will support green assets in accordance with URW’s sustainability strategy.

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