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Published on 11/4/2015 in the Prospect News Liability Management Daily.

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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