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Completion of £100m Private Placement

9th Jan 2014 09:00

RNS Number : 2337X
Derwent London PLC
09 January 2014
 



 

 

 

9 January 2014

 

 

 

Completion of £100m private placement

 

Further to the disclosure made in the interim management statement published on 13 November 2013, Derwent London plc is pleased to announce the completion of the £100m fixed rate unsecured private placement funding from New York Life.

 

Of this £100m fixed rate loan, £25m is for 15 years at 4.41% and £75m is for 20 years at 4.68%.

 

-ends-

 

 

For further information please contact:

 

Derwent London 020 7659 3000

 

Damian Wisniewski, Finance Director

 

Louise Rich, Head of Investor Relations

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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