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BLND British Land Company Plc

369.00
-4.20 (-1.13%)
17 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
British Land Company Plc LSE:BLND London Ordinary Share GB0001367019 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -4.20 -1.13% 369.00 370.20 370.60 374.60 367.60 368.00 3,607,984 16:35:17
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 418M -1.04B -1.1194 -3.31 3.43B

British Land Co PLC Notice of Early Redemption of 2020 Debentures (9675X)

27/02/2017 3:24pm

UK Regulatory


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RNS Number : 9675X

British Land Co PLC

27 February 2017

COMPANY ANNOUNCEMENT

For Immediate Release

THE BRITISH LAND COMPANY PLC

(the "Issuer")

(Incorporated as a Public Limited Company in England and Wales with registered number 0621920)

GBP200,000,000 6.75% First Mortgage Debenture Bonds due 2020

(of which GBP60,034,000 in aggregate nominal amount is outstanding)

(ISIN:XS0085945037)

(the 2020 Debentures)

NOTICE OF EARLY REDEMPTION OF

THE 2020 DEBENTURES

THE ISSUER HEREBY GIVES NOTICE to the holders of the outstanding 2020 Debentures that, pursuant to Condition 6.2 of the 2020 Debentures, the Issuer will redeem all of the outstanding 2020 Debentures on 31 March 2017 at the Redemption Price of 118.274 per cent. of their principal amount together with accrued interest to, but excluding, 31 March 2017.

Following such redemption, there will be no 2020 Debentures outstanding.

The Issuer will also request the cancellation of the listing of the 2020 Debentures on the Official List of the United Kingdom Listing Authority with effect on and from 31 March 2017.

Terms used in this Notice and not defined herein shall have the same meaning given to them in the Conditions of the 2020 Debentures.

Should you have any questions regarding this notice you may contact the Principal Paying Agent as follows:

PRINCIPAL PAYING AGENT

The Bank of New York Mellon

One Canada Square

Canary Wharf

London E14 5AL

This notice is given by the Issuer

Dated 27 February 2017

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCLLFFEFVIDFID

(END) Dow Jones Newswires

February 27, 2017 10:24 ET (15:24 GMT)

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