Short Term Debt
Commercial paper and medium term note market (NEU CP & NEU MTN)
Unibail-Rodamco mainly uses Billets de Negotiable European Commercial Paper (NEU CP) and Negotiable European Medium Term Notes (NEU MTN) to refinance its short-term debt. The Group has:
- A NEU CP programme of €2 Bn that is rated A-1 by Standard & Poor's.
- A NEU MTN programme of €500 Mn.
Société Générale is Unibail-Rodamco's custodian for NEU CP and NEU MTN debt (affiliated code Euroclear 127).
In order to see the corresponding Information Memorandum, please click on the following links:
US Commercial Paper (USCP)
Unibail-Rodamco also uses US Commercial Paper (USCP) to refinance its short-term debt. The Group has a USD 1Bn program. Bank of America Merrill Lynch is Unibail-Rodamco's custodian for USCP debt.