Allen & Overy, K&L Gates and New Zealand firm Russell McVeagh advised shopping center owner Scentre Group on its $3 billion debt issuance, the latest in a string of market raisings by Australian companies.

U.K.-headquartered Allen & Overy’s international capital markets group advised Scentre Group on its inaugural $3 billion (A$4.1 billion) subordinated hybrid note issuance. Sydney-based International capital markets partner Mark Leemen led the Allen & Overy team, which also included partner Stephen Miller, who is based in the firm’s Hong Kong office.