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St Modwen Properties Redeems GBP80 Million Retail Bonds Early (ALLISS)

30th Nov 2018 07:46

LONDON (Alliance News) - FTSE 250-listed property investment company St Modwen Properties on Friday confirmed it has redeemed its GBP80 million 6.25% fixed-rate bonds ahead of its final maturity date in 2019.

The bonds were redeemed at a price of GBP104.63 per GBP100 in the principal amount of the bonds. Interest of 40 pence per GBP100 in the principal amount was also paid to bondholders.

The bonds have now been cancelled, with none outstanding.


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