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REG - Derwent London PLC - 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                             Damian Wisniewski, Chief Financial Officer

 Tel: +44 (0)20 3478 4217 (Robert Duncan)   Jay Joshi, Group Financial Controller

                                            Robert Duncan, Head of Investor Relations
 Brunswick Group                            Nina Coad

 Tel: +44 (0)20 7404 5959                   Peter Hesse

 

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