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Hammerson to redeem outstanding £271.9 million of 5¼% bonds due 2016
By Wendy Van Sickle
Columbus, Ohio, Nov. 4 – Hammerson plc will redeem all £271.9 million of its outstanding 5¼% bonds due 2016, according to a London Stock Exchange notice.
The bonds will be redeemed on Dec. 17 at 104.674 plus accrued interest of £14.43 per £50,000 nominal amount. The redemption price is £52,351.34 per £50,000 nominal amount.
The bonds were issued on Feb. 1, 2006.
Hammerson is a real estate investment trust based in London.
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