St. Modwen bonds redeemed ahead of 2019 maturity
St. Modwen Properties confirmed the redemption of its £80.0m 6.25% fixed rate bonds due 2019, ahead of their final maturity next year on Friday.
FTSE 250
20,402.63
09:10 01/11/24
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n/a
FTSE 350
4,496.14
09:10 01/11/24
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FTSE All-Share
4,453.57
09:10 01/11/24
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Real Estate Investment & Services
2,329.72
09:09 01/11/24
-0.04%
-1.04
St. Modwen Properties
559.00p
16:44 06/08/21
0.00%
0.00p
The FTSE 250 company said it was in line with the calculation it announced on 28 November, and the redemption notice of 29 October.
“Following the redemption of the bonds, the listing of the bonds on the official list of the Financial Conduct Authority and the admission of the bonds to trading on the main market of the London Stock Exchange will be cancelled,” the St. Modwen board said in its statement.