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Prospect News home > News index > List of issuers Tenders > Headlines for 2016 > News item
Published on 12/16/2016 in the Prospect News Liability Management Daily.

THFC will redeem £5 million portion of 8.75% debenture stock due 2021

By Wendy Van Sickle

Columbus, Ohio, Dec. 16 – THFC (Social Housing Finance) Ltd. announced a £5 million partial redemption of its 8.75% debenture stock 2016/21 will take place on Dec. 19.

The redemption price will be par plus accrued interest, according to a company notice.

Following the redemption, £77.8 million of the debenture stock will remain outstanding and scheduled to be redeemed at maturity on Dec. 18, 2021.

Based in London, the not-for-profit organization makes loans to registered social landlords.


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