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Hammerson sets redemption price for €480.05 million 4 7/8% bonds
By Tali Rackner
Norfolk, Va., Dec. 19 – Hammerson plc announced the redemption price for its €480.05 million of €700 million of 4 7/8% bonds due 2015, according to a filing with the London Stock Exchange.
The bonds will be redeemed on Dec. 24 at a 102.274 plus accrued interest of €1,255.48 per €50,000 nominal amount. The total redemption price is €52,392.48 per €50,000 nominal amount.
Hammerson is a real estate investment trust based in London.
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