Westfield Corp has priced $US3.5 billion of senior fixed-rate notes in the US market to pay down borrowings from a bridging facility and for what it terms "general corporate purposes".
The property giant has issued four tranches of notes: $US750 million at 1.75 per cent due in 2017; $US1.25 billion at 2.7 per cent due in 2019; $US1bn at 3.75 per cent due in 2024; and $US500m at 4.75 per cent due in 2044.
The announcement comes after Simon Property Group chief executive, David Simon, denied speculation about a deal in Australia with Westfield.
Less than three months ago, Westfield was successful in a controversial demerger that created the new listed entity Scentre Group.
The move was welcomed by European investors in July, when Scentre raised more than $3 billion in European bonds.