West Edmonton Mall Property Inc, founded in 1981 and located in Edmonton, Alberta, is a premier retail real estate developer and operator, renowned for managing one of the largest shopping and entertainment complexes in North America. The company focuses on providing a diverse range of retail spaces, entertainment venues, and hospitality services to create a unique shopping experience.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| WEMALL 7.79% 2027-10-04 CADWest Edmonton Mall Property Inc | Canada | 2027-10-04 | 7.791 | 3.90 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
West Edmonton Mall Property Inc has a notable history of bond issuances, beginning in the early 1990s to finance expansion projects, including pivotal development phases of the West Edmonton Mall. A significant issuance occurred in 2015, where the company raised CAD 250 million for renovations, reflecting strong investor confidence with yields competitive against industry standards. The bonds feature a callable option, allowing the issuer flexibility to refinance in a favorable rate environment. Recently, the company has garnered attention due to its successful refinancing efforts and commitment to sustainable development, enhancing long-term growth prospects.