Post by Unibail-Rodamco-Westfield

Unibail-Rodamco-Westfield, together with CPP Investments | Investissements RPC and APG Asset Management, are proud to announce the successful refinancing of a £750 Mn 5-year secured bond backed by Westfield Stratford City ahead of its August 2026 maturity and at a 5.12% coupon. The transaction is the largest GBP-denominated public real estate deal since 2019, and was very well-received by the market, with an orderbook of £3.4 Bn at peak, the largest ever for a Real Estate borrower and equivalent to an oversubscription of 4.5 times. Investor demand was driven by the strong support of the existing bondholders alongside the participation of a broad range of new long-term investors. This allowed us to price at GILT +90 bps, underscoring investor appetite for our A++ Flagship assets. Westfield Stratford City’s market position, scale and connectivity drive its strong operating performance, attracting c. 54 million visits annually and offering long-term growth potential to tenants and investors. Grateful to everyone involved for their teamwork and disciplined execution! Unibail-Rodamco-Westfield: Meriem Delfi, Marvin Kimani, Amanda Beattie, Elizabeth Callard, Geoffrey Deshayes, Cordelia Lynch, Shaun Turnbull, Pip Gill, Sarah Gatehouse, Juliette Aulagnon CPP Investments | Investissements RPC: Ira Panova, Ben Purvey, Zhongjiang (Chris) Sun, MRICS, Tom Jackson APG Asset Management: Vincent Fokke, CFA, Tino Adrian Mazhinduka #WestfieldStratfordCity #Westfield #URW #CPPIB #APGAM #Finance #SecuredBond ___ This announcement is for information purposes only and does not constitute an offer or solicitation of any securities.