News: SCP Shopping Centres Australasia Property announces pricing of notes

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    June 1 (Reuters) - Shopping Centres Australasia Property Group Re Ltd (SCP)

    • prices $175m medium term notes
    • notes will pay a fixed rate of 3.943% per annum (paid semi-annually) until maturity in June 2024
    • proceeds of notes will be used to repay bank debt, and to fund acquisitions.
    • maintain full year fy17 FFO guidance of 14.6 cents per unit and full year distribution guidance of 13.1 cents per unit
 
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