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IN BRIEF: Hammerson offers to buy back three separate bonds

27th Sep 2024 10:50

Hammerson PLC - London-based real estate investment trust owns city-centre shopping centres in the UK and elsewhere - Offers to buy back three separate bonds. These include GBP300.0 million 6.00% note due 2026, GBP300.0 million 7.25% issue due 2028, and GBP350.0 million 3.500% bond due 2025. Says this offer is part of its plan to "actively manage" its balance sheet liabilities.

Current stock price in London: 31.93 pence, up 0.2% on Friday

12-month change: up 30%

Current stock price in Johannesburg: ZAR7.42, up 0.7%

12-month change: up 31%

By Artwell Dlamini, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.


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