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Intu Properties repurchases £32.7 million of 2.5% convertible bonds
By Sarah Lizee
Olympia, Wash., Sept. 28 – Intu Properties plc repurchased £32.7 million of the £300 million 2.5% convertible bonds due 2018 issued by Intu (Jersey) Ltd. and guaranteed by the company, according to a notice from the issuer.
Following the purchase, £267.3 million of the bonds remain outstanding.
Intu is a London-based real estate investment trust.
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