Hammerson PLC - London-based property development and investment company - Says it has completed GBP100 million bond tap issuance. This is after Hammerson announced on Thursday last week the issuance of a GBP100 million increase of its existing GBP200 million 7.25% coupon bonds maturing in 2028, resulting in a new outstanding notional of GBP300 million. Read More
Hammerson PLC - London-based property development and investment company - Announces indicative results of invitations on August 31 to holders of outstanding bonds, to tender them for cash purchases. Tender offers include GBP350.0 million at 3.500% due 2025, and GBP300.0 million at 6.00% due 2026. Company received tenders of GBP96.1 million total for the 2025 bonds and GBP88.4 million for the 2026 bonds by the deadline on Thursday. Hammerson expects acceptances of GBP11.7 million of the 2025 bonds at 7.1% scaling factor, and of all GBP88.4 million of the 2026 bonds. Read More
(Alliance News) - Stock prices in London faded into the close Monday after a bright start, as enthusiasm waned in the absence of fresh direction from New York. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning: Read More
Hammerson PLC - London-based property development and investment company - Issues GBP100 million bonds as part of existing GBP200 million bonds maturing 2028 due to demand for its fixed securities. This issue will result in an outstanding notional of GBB300 million. Says the new bonds will be placed with an existing large institutional investor. Separately, also launches tender offers for GBP350 million 3.5% bonds due 2025, and GBP300 million 6% bonds due 2026. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning: Read More
(Alliance News) - Hammerson PLC on Thursday restored its cash dividend following intense shareholder pressure, though the property developer reported an interim loss. Read More
(Alliance News) - HSBC no longer has any 'buy' ratings in the UK real estate sector, and believes that the near-to-medium outlook is "particularly precarious." Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More
(Alliance News) - Stock prices in London opened mostly in the red on Monday, following more weak Chinese economic data, and ongoing concerns about how much further interest rates will rise. Read More
(Alliance News) - Stocks in London are called lower on Monday, after soft economic data from China pointed to a weak demand outlook. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - Stocks in London were called to open higher on Friday, after a weak US jobless claims reading threw "cold water" over expectations for an interest rate hike by the Federal Reserve next week. Read More
(Alliance News) - Hammerson PLC on Thursday faced shareholder dissent at a heated general meeting that saw a major holder fail to put its representatives on the board. Read More
Hammerson PLC - London-based property development and investment company - For the three months ended on March 31, says like-for-like gross rental income growth is up 5%, reflecting "robust leasing, car parking and commercialisation performance". Like-for-like net rental income growth is also up 5%. Says it benefits from solid collections, which stand at 92%. For financial 2022, it stood at 96%. Hammerson notes 61 leases have been signed to date, representing GBP9 million of rent. Says value retail has seen a strong start to the year, with spend per visit up 3%. Read More
(Alliance News) - Two shareholders have come out in support of Hammerson PLC, Sky News reported on Friday. Read More
(Alliance News) - Hammerson PLC on Tuesday backed its leadership and hit out at shareholder Lighthouse Properties PLC, who called for a strategy change. Read More