Shares of Scentre Group (ASX:SCG) rose around 1% in recent Friday trade after it said in a late Thursday filing that it had priced a AU$1 billion 10-year senior note issue, with proceeds to be used for debt refinancing as part of its capital management strategy.
The notes carry a fixed coupon of 5.35%, which has been swapped to a floating rate equivalent to a margin of 1.38% over the 3-month bank bill swap rate, the filing said.
The settlement is set to take place on Sept. 18, per the filing.
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