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Published on 12/19/2014 in the Prospect News Liability Management Daily.

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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