Fitch Expects to Withdraw Westfield Corporation's Ratings

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings expects to withdraw its ratings for Westfield Corporation at the end of a 30-day period beginning today. Fitch will continue to maintain coverage of WFD prior to the withdrawal. This advance notice is provided for the benefit of users in managing their use of Fitch's ratings.

Fitch has decided to discontinue the ratings, which are uncompensated, in 30 days.

Fitch currently rates WFD as follows:

Westfield Corporation

--Issuer Default Rating 'BBB+';

--Senior unsecured 'BBB+'.

WEA Finance LLC, Westfield UK & Europe Finance PLC, WCL Finance PTY LTD

--Senior unsecured guaranteed revolving credit facility 'BBB+';

--Senior unsecured guaranteed term loan 'BBB+'.

WEA Finance LLC, Westfield UK & Europe Finance PLC

--Senior unsecured guaranteed notes 'BBB+'.

The Rating Outlook is Stable.

Additional information is available at 'www.fitchratings.com'.

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160503006714/en/

Fitch Ratings
BRM
Ian A. Hodgart, +1-212-908-0819
Senior Director
Fitch Ratings, Inc.
33 Whitehall Street
New York, NY 10004
or
Primary Analyst:
Daniel Kornblau, +1-646-582-4946
Associate Director
or
Secondary Analyst:
Britton Costa, CFA, +1-212-908-0524
Director
or
Media Relations:
Sandro Scenga, +1-212-908-0278
New York
[email protected]

Source: Fitch Ratings

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