18th Apr 2019 07:58
LONDON (Alliance News) - SEGRO PLC on Thursday said it will fully redeem all of its GBP250 million outstanding 5.625% bonds due 2020 on May 3.
The bonds will be redeemed at the amount of 107.434%, together with accrued interest, the FTSE 100 company said.
Following the redemption, SEGRO will then cancel the bonds from trading.
On Wednesday, the property firm reported a drop in new headline rents in the first quarter, falling 22% year-on-year, though vacancies did fall.
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