The information below is a summary only. Before investing in any
security you should consult the full prospectus or a financial
advisor.
| ASX CODE: |
WEAG |
| Issue type: |
Capital Notes |
| Country: |
Australia |
| Issue currency: |
AUD |
| Number on issue: |
155,000,000 (as at 13/11/00) |
| Face value: |
$3.00 per note |
| Maturity date: |
The Capital Notes will be repaid in three equal installments
of principal on 29 June 2001, 28 June 2002 and 30 June 2003. |
| Interest rate: |
8.01% pa payable semi-annually. |
| Interest payment dates: |
30 June and 31 December each year. |
| Books close Date (Record Date): |
The Record Date is at the close of business 11 business days prior
to the Interest Payment Date.
The securities are marked 'ex-interest' for SEATS trading purposes
on the open of business 4 days prior to the Record Date. These dates
can be subject to change, and consequently should be confirmed by
contacting your broker, the Issuer or the Issuer's registrar. |
| Status: |
The Capital Notes will be direct and unsecured obligations of
Westfield America, Inc. Subordinated to all creditors (secured and
unsecured) other than Ordinary Creditors. |
| Financail Covenants: |
The Trust Deed Provides that the Company will not, so long as any
of the Capital Notes are outstanding, incur Secured Debt, if at the
time of incurrence thereof, total secured debt exceed 75% of Total
Assets; and not to repurchase or redeem common stock if Total
Shareholders' Funds would thereby fall below $US 700 million. |
| Trustee: |
Perpetual Trustee company (Canberra) Limited. |
