By David Parsley2019-06-05T07:00:00
Derwent London has launched £175m of convertible bonds alongside the repurchase of the outstanding £150m bonds.
The new bonds will be due in 2025 and form part of the group’s longstanding financing strategy. The bonds willfully fund the repurchase of the 2019 bonds, with any remaining proceeds used to help fund the group’s development pipeline and future acquisitions.
You must be logged in to continue
Register for free to finish this article
Registration includes the following benefits:
To access this article REGISTER NOW
Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.