New Issue-WEA Finance sells $700 mln in 5-yr gtd snr notes

May 26 (Reuters) - WEA Finance LLC, a unit of Australia's
Westfield Group (WDC.AX), and WT Finance (Aust) Pty Ltd on
Tuesday sold $700 million in 5-year senior notes in the 144a
private placement market, said IFR, a Thomson Reuters service.

The size of the deal was increased from an originally
planned $500 million.

Barclays, JP Morgan, and Morgan Stanley were the joint
bookrunning managers for the sale.
BORROWER: WEA FINANCE LLC/

WT FINANCE (AUST) PTY LTD*
AMT $700 MLN COUPON 7.50 PCT MATURITY 6/2/2014
TYPE SR NOTES ISS PRICE 98.98 FIRST PAY 12/2/2009
MOODY'S A2 YIELD 7.75 PCT SETTLEMENT 6/2/2009
S&P A-MINUS SPREAD 548.9 BPS PAY FREQ SEMI-ANNUAL
FITCH A-MINUS MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
*GUARANTEED BY WESTFIELD HOLDINGS LTD AND OTHER ENTITIES
BELONGING TO THE WESTFIELD GROUP