Westfield Spinoff Raises $2.9 Billion in Europe Bond Sale “The newly-formed entity, created last month after shareholders in the two predecessor companies approved a transformation proposed by billionaire Frank Lowy, raised the equivalent of $2.9 billion. Proceeds from the four-part deal, which included notes denominated in euros and British pounds, will be used to help refinance A$5 billion ($4.7 billion) of bridging facilities established for the transaction.” ...

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