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URW announces new financing for Westfield Century City

Unibail-Rodamco-Westfield (“URW”) announced that Westfield Century City in Los Angeles, California has successfully raised $925 Mn of new financing as part of URW’s ongoing financial planning. The new financing is a two-year floating rate CMBS with the option for three one-year extensions with a spread of 280.7bps over SOFR.…