Source - Alliance News
Hammerson PLC - London-based real estate investment trust owns city-centre shopping centres in the UK and elsewhere - Offers to buy back three separate bonds. These include £300.0 million 6.00% note due 2026, £300.0 million 7.25% issue due 2028, and £350.0 million 3.500% bond due 2025. Says this offer is part of its plan to ‘actively manage’ its balance sheet liabilities.
Current stock price in London: 31.93 pence, up 0.2% on Friday
12-month change: up 30%
Current stock price in Johannesburg: R 7.42, up 0.7%
12-month change: up 31%
Copyright 2024 Alliance News Ltd. All Rights Reserved.