The loans will finance a restructuring that will split the Australian shopping mall developer into domestic and international arms.
April 03, 2014 at 03:18 AM
1 minute read
The original version of this story was published on Global Lawyer News
HWL Ebsworth and Allens had the lead roles on a $20 billion financing for the restructuring of Australian shopping mall developer Westfield Group.
As part of the arrangement, Westfield Group plans to split off its Australia and New Zealand properties from its international ones. The business in Australia and New Zealand will become the Scentre Group, while the international business will operate as the Westfield Corp.
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