Hammerson sets redemption price for 2.75% bonds due 2019 at 103.219

By Susanna Moon

Chicago, Aug. 24 – Hammerson plc said it priced the call option for its £500 million of 2.75% bonds due 2019.

The notes will be redeemed on Aug. 30 at 103.219% of par plus accrued interest for a total price of €105,765.58 per €100,000 principal amount, according to a notice.

The issuer exercised the call option for the notes on July 24 with a record date of Aug. 24.

Hammerson is a real estate investment trust based in London.

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