Australia-based Dexus Wholesale Property Fund (DWPF) has established a supplement to its Australian dollar-denominated medium-term note (MTN) program to enable the issuance of electronic promissory notes (EPNs). On April 5, 2024, S&P Global Ratings assigned its 'A-1' short-term issuer credit rating to DWPF and our 'A-1' short-term issue rating to its MTN program. At the same time, we affirmed our 'A' long-term issuer and issue credit ratings on DWPF. The stable outlook on the long-term issuer credit rating reflects our expectation that DWPF will maintain a conservative approach to development exposure and capital management, consistent with its financial policies. Unitholder redemptions and fund growth can be adequately managed within the current rating. MELBOURNE (S&P Global Ratings) April 5, 2024—S&P Global
