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Published on 2/16/2011 in the Prospect News Liability Management Daily.

Land Securities repurchases £1.9 million of 5.391% class A5 notes

By Toni Weeks

San Diego, Feb. 16 - Land Securities Capital Markets plc said that LS Property Finance Co. Ltd. has repurchased and will cancel £1,898,000 of its £613,918,000 of 5.391% series 1 class A5 notes due 2027.

The cancellation will be effective Feb. 17, according to an announcement filed with the Irish Stock Exchange.

Following the repurchase, £612.02 million of the notes remains outstanding.

Land Securities is a London-based real estate investment trust.


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