Scentre Group issues A$1.0 bn senior notes to bolster financial position

Scentre Group announced on September 11, 2025, the pricing of a A$1.0 billion 10-year senior note issue in the Australian domestic market. The notes will carry a fixed rate coupon of 5.35%, which has been swapped to a floating rate reflecting a margin of 1.38% over the 3-month BBSW.

Proceeds from the issue are designated for the repayment of existing indebtedness, including borrowings under the group's revolving bank facilities. Settlement for the notes is scheduled for September 18, 2025.

This transaction is a strategic move by Scentre Group to align with its capital management objectives. It aims to extend the weighted average maturity of its debt and simultaneously reduce the overall weighted average cost of capital. The announcement was authorized for release by the chief executive officer.