Hammerson plans December early redemption of bonds due 2023

Chicago, Nov. 3 – Hammerson plc announced the upcoming early redemption of its €500 million 1.75% bonds due 2023 (ISIN: XS1379158550), according to a notice.

As of Thursday, there were €235,507,000 of the bonds outstanding.

The bonds will be redeemed in full on Dec. 26 from cash on the company’s balance sheet.

The redemption price will be par plus accrued interest.

There are no further group debt maturities not covered by existing cash on the balance sheet until 2025, the company said.

Hammerson is a real estate investment trust based in London.

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