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Hammerson to redeem £250 million of outstanding 6.875% bonds due 2020
By Sarah Lizee
Olympia, Wash., Sept. 13 – Hammerson plc will redeem all £250 million of its outstanding 6.875% bonds due 2020, according to a filing with the London Stock Exchange.
The bonds will be redeemed on Oct. 20 at 116.104% plus accrued interest of £38.19 per £1,000 nominal amount. The total redemption price is £1,199.23 per £1,000 nominal amount.
Hammerson is a real estate investment trust based in London.
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