trending Market Intelligence /marketintelligence/en/news-insights/trending/7wRTEi9RXHBEmVCqZKx9OQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Stockland secures A$398M private placement debt

Blog

Message in a (Word)Cloud

Six trends shaping the industries and sectors we cover in 2021

Six trends shaping the industries and sectors we cover in 2021

Capital Markets View – January 2021


Stockland secures A$398M private placement debt

Stocklandsecured a new, long-dated U.S. private placement debt worth A$398 million.

The debt funding will be delivered in August, subject tostandard investor due diligence and documentation.

It comprises a A$50 million tranche maturing August 2028, aUS$152 million tranche maturing August 2026, a US$68 million tranche maturingAugust 2028, and a US$45 million tranche maturing August 2031.

The private placement debt was priced in Australian-dollarterms at an average spread over BBSW of +222 basis points, inclusive of fees.

As of July 13, US$1was equivalent to A$1.31.