Obligation Unibail-Rodamco-Westfield 1.75% ( FR0013431715 ) en EUR

Société émettrice Unibail-Rodamco-Westfield
Prix sur le marché refresh price now   100 %  ⇌ 
Pays  France
Code ISIN  FR0013431715 ( en EUR )
Coupon 1.75% par an ( paiement annuel )
Echéance 01/07/2049



Prospectus brochure de l'obligation UNIBAIL RODAMCO SE FR0013431715 en EUR 1.75%, échéance 01/07/2049


Montant Minimal /
Montant de l'émission /
Prochain Coupon 01/07/2026 ( Dans 142 jours )
Description détaillée Unibail-Rodamco-Westfield SE est une société immobilière cotée en bourse spécialisée dans la conception, le développement et la gestion de grands centres commerciaux et de propriétés de bureaux haut de gamme en Europe et aux États-Unis.

L'instrument financier en question est une obligation portant le code ISIN FR0013431715, émise par UNIBAIL RODAMCO SE, une société foncière européenne de premier plan spécialisée dans l'immobilier commercial, notamment les centres commerciaux de grande taille et les immeubles de bureaux, reconnue pour son vaste portefeuille d'actifs en Europe et aux États-Unis; cette dette est libellée en Euros et a été émise depuis la France. Actuellement cotée à 100% de sa valeur nominale sur le marché, cette obligation offre un taux d'intérêt annuel fixe de 1,75% et propose un paiement unique par an aux investisseurs, avec une date d'échéance lointaine fixée au 1er juillet 2049, ce qui en fait un investissement à long terme offrant des revenus réguliers.







EXECUTION VERSION
FINAL TERMS
PROHIBITION OF SALES TO EEA RETAIL INVESTORS ­ The Notes are not intended to be offered, sold
or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor
in the European Economic Area (the "EEA"). For these purposes, a retail investor means a person who is one (or
more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFID
II"); or (ii) a customer within the meaning of Directive 2016/97/EU (as amended), where that customer would not
qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II. Consequently no key
information document required by Regulation (EU) No 1286/2014 (as amended, the "PRIIPs Regulation") for
offering or selling the Notes or otherwise making them available to retail investors in the EEA has been prepared
and therefore offering or selling the Notes or otherwise making them available to retail investors in the EEA may
be unlawful under the PRIIPs Regulation.
MIFID II PRODUCT GOVERNANCE / PROFESSIONAL INVESTORS AND ECPS ONLY TARGET
MARKET ­ Solely for the purposes of each manufacturer's product approval process, the target market
assessment in respect of the Notes, taking into account the five categories referred to in item 18 of the Guidelines
published by ESMA on 5 February 2018 has led to the conclusion that: (i) the target market for the Notes are
eligible counterparties and professional clients only, each as defined in MiFID II; and (ii) all channels for
distribution of the Notes to eligible counterparties and professional clients are appropriate. Any person
subsequently offering, selling or recommending the Notes (a "distributor") should take into consideration the
manufacturers' target market assessment; however, a distributor subject to MiFID II is responsible for undertaking
its own target market assessment in respect of the Notes (by either adopting or refining the manufacturers' target
market assessment) and determining appropriate distribution channels.
27 June 2019
UNIBAIL-RODAMCO-WESTFIELD SE
(formerly UNIBAIL-RODAMCO SE)
Legal Entity Identifier (LEI) : 969500SHQITWXSIS7N89
Issue of EUR 500,000,000 1.75 per cent. Notes due 1 July 2049
Guaranteed by WFD Unibail-Rodamco N.V., URW America Inc., WCL Finance Pty Limited, WEA
Finance LLC, Westfield America Trust, Westfield Corporation Limited, Westfield UK & Europe Finance
plc and WFD Trust
Under the EURO 20,000,000,000
Guaranteed Euro Medium Term Note Programme
PART A ­ CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth under the
heading "Terms and Conditions of the French Law Notes" in the Base Prospectus dated 26 October 2018 which
received visa no. 18-498 from the Autorité des marchés financiers (the "AMF") on 26 October 2018 and the first
supplement to the Base Prospectus dated 15 February 2019 which received visa no. 19-049 from AMF on 15
February 2019, the second supplement to the Base Prospectus dated 11 April 2019 which received visa no. 19-153
from the AMF on 11 April 2019, the third supplement to the Base Prospectus dated 3 June 2019 which received
visa no. 19-238 from the AMF on 3 June 2019 and the fourth supplement to the Base Prospectus dated 7 June 2019
which received visa no. 19-248 from the AMF on 7 June 2019 which together constitute a base prospectus for the
purposes of Directive 2003/71/EC (the "Prospectus Directive") as amended. This document constitutes the Final
Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read
in conjunction with such Base Prospectus as so supplemented. Full information on the Issuer, the Guarantors and
the offer of the Notes is only available on the basis of the combination of these Final Terms and the Base Prospectus
as so supplemented. The Base Prospectus and the supplements to the Base Prospectus are available for viewing on
the website of the Issuer (www.urw.com) and copies may be obtained from 7 Place du Chancelier Adenauer, CS
31622, 75772 Paris Cedex 16, France and BNP Paribas Securities Services, Les Grands Moulins de Pantin, 9 rue
du Débarcadére, 93500 Pantin, France.


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EXECUTION VERSION
1.
(i)
Series Number:
123

(ii)
Tranche Number:
1
2.
Specified Currency or Currencies:
Euro ("EUR")
3.
Aggregate Nominal Amount:


(i)
Series:
EUR 500,000,000

(ii)
Tranche:
EUR 500,000,000
4.
Issue Price:
98.166 per cent. of the Aggregate Nominal Amount.
5.
Specified Denominations:
EUR 100,000
6.
(i)
Issue Date:
1 July 2019

(ii)
Interest Commencement Date:
Issue Date
7.
Maturity Date:
1 July 2049
8.
Interest Basis:
1.75% Fixed Rate
(see paragraph 12 below)
9.
Change of Interest Basis:
Not Applicable
10.
Put/Call Options:
Issuer Call
Clean-up Call
Make-whole Redemption
(See paragraphs 15, 16 and 17 below)
11.
Date of Board approval for issuance of Issuer:
Notes and Guarantees obtained:
Unibail-Rodamco-Westfield SE management board:
6 December 2018
Guarantors:
WFD Unibail-Rodamco N.V. management board:
7 September 2018
URW America: 11 September 2018
WEA Finance LLC: 11 September 2018
WCL Finance Pty Limited: 14 September 2018
Westfield America Trust: 14 September 2018
Westfield Corporation Limited: 14 September 2018
WFD Trust: 14 September 2018
Westfield UK & Europe Finance plc: 27 June 2019
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
12.
Fixed Rate Note Provisions:
Applicable

(i)
Rate of Interest:
1.75 per cent. per annum payable annually in arrear on each
Interest Payment Date

(ii)
Interest Payment Date(s):
1 July in each year commencing on 1 July 2020, not adjusted.

(iii)
Fixed Coupon Amount(s):
EUR 1,750.00 per Specified Denomination

(iv)
Broken Amount(s):
Not Applicable

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EXECUTION VERSION

(v)
Day Count Fraction:
Actual/Actual-ICMA

(vi)
Determination Dates:
1 July in each year
13.
Floating Rate Note Provisions:
Not Applicable
14.
Zero Coupon Note Provisions:
Not Applicable
PROVISIONS RELATING TO REDEMPTION
15.
Call Option:
Applicable

(i)
Optional Redemption Date(s):
At any time from and including the date which falls six
months prior to but excluding the Maturity Date.

(ii)
Optional Redemption
EUR 100,000 per Specified Denomination
Amount(s) of each Note:

(iii)
If redeemable in part:
Not Applicable

(iv)
Notice period:
As per Conditions
16.
Make-whole Redemption by the Applicable
Issuer:

(i)
Notice period:
As per Condition 5(d)

(ii)
Parties to be notified (if other Not Applicable
than set out in Condition 5(d) of
the French Law Conditions):

(iii)
Reference Bond:
1.250%
Bundesobligationen of the Bundesrepublik
Deutschland (Bund) due August 2048 with ISIN:
DE0001102432

(iv)
Make-whole Margin:
0.25 per cent. per annum

(v)
Make-whole Calculation
Aether Financial Services
Agent:

(vi)
Quotation Agent:
Société Générale

(vii)
Reference Dealers:
As per Conditions
17.
Clean-up Call Option:
Applicable

(i)
Minimum Percentage:
20 per cent.

(ii)
Clean-up Call Amount:
EUR 100,000 per Specified Denomination

(iii)
Notice period:
As per Conditions
18.
Put Option:
Not Applicable
19.
Final Redemption Amount of each Subject to any purchase and cancellation or early redemption,
Note:
the Notes will be redeemed on the Maturity Date at 100 per
cent. of their nominal amount
20.
Early Redemption Amount:


(i)
Early Redemption Amount(s) EUR 100,000 per Specified Denomination
payable on redemption for
taxation reasons or on event of
default:

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EXECUTION VERSION
PART B ­ OTHER INFORMATION
1.
LISTING AND ADMISSION TO TRADING

(i)
Application has been made by the Issuer (or on its behalf) for the Notes to be listed on
Euronext Paris and admitted to trading on Euronext Paris with effect from the Issue Date.

(ii)
Estimate of total expenses related to admission to trading: EUR 13,200
2.
RATINGS


Ratings
The Notes to be issued are expected to be rated:
S&P: A
Moody's: A2
S&P Global Ratings and Moody's Investors Services Ltd are
established in the European Union and registered under
Regulation (EC) No 1060/2009, as amended by Regulation
(EU) No 513/2011. As such S&P Global Ratings and
Moody's Investors Services Ltd are included in the list of
credit rating agencies published by the European Securities
and Markets Authority on its website in accordance with the
CRA Regulation.
3.
NOTIFICATION


Not Applicable

4.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE

Save for any fees payable to the Managers, so far as the Issuer is aware, no person involved in the offer
of the Notes has an interest material to the offer. The Managers and their affiliates have engaged, and
may in the future engage, in investment banking and/or commercial banking transactions with, and
may perform other services for, the Issuer and the Guarantors and their affiliates in the ordinary course
of business.
5.
YIELD


Indication of yield:
1.830 per cent. per annum calculated at the Issue Date on the
basis of the Issue Price. It is not an indication of future yield.
6.
DISTRIBUTION


(i)
Method of distribution
Syndicated

(ii)
If syndicated


(A)
Name of Managers:
Co-Global Coordinators:
Banco Santander, S.A.
Barclays Bank Ireland PLC
Credit Agricole Corporate and Investment Bank
Deutsche Bank AG, London Branch
Goldman Sachs International
MUFG Securities (Europe) N.V.
SMBC Nikko Capital Markets Europe GmbH
Société Générale

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Document Outline