16 Mar 2026 | 16:00
Redemption of the £175m 6.5% Secured bonds 2026
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RNS Number : 8341W Derwent London PLC 16 March 2026
Derwent London plc
Redemption of the London Merchant Securities Limited
£175 million 6.5% Secured bonds 2026
Derwent London plc (the "Company", together with its subsidiaries, the "Group") announces that the Group's £175 million 6.5% secured bonds, issued by its wholly owned subsidiary London Merchant Securities Limited in 2001, have been redeemed in full at maturity on 16 March 2026.
The redemption was funded from existing liquidity resources. Following redemption, the Group's net debt position remains unchanged.
For further information, please contact:
Derwent London
Tel: +44 (0)20 3478 4217 (Robert Duncan)
Damian Wisniewski, Chief Financial Officer
Jay Joshi, Group Financial Controller
Robert Duncan, Head of Investor Relations
Brunswick Group
Tel: +44 (0)20 7404 5959
Nina Coad
Peter Hesse
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