Hammerson converts 2023 tender offer to any and all from capped

Chicago, May 27 – Hammerson plc announced that the maximum acceptance amount for its tender offer for its €500 million 1.75% notes due March 15, 2023 (ISIN: XS1379158550) will be all of the notes, according to an announcement on Thursday.

The company is concurrently conducting a separate tender offer for its €500 million outstanding 2% bonds due July 1, 2022 (ISIN: XS1081656180). The tender offer for the 2022 notes was already an any-and-all offer.

Barclays (+44 20 3134 8515, eu.lm@barclays.com), BNP Paribas (+33 1 55 77 78 94, liability.management@bnpparibas.com), J.P. Morgan Securities plc (+44 20 7134 2468, liability_management_EMEA@jpmorgan.com) and MUFG Securities EMEA plc (+44 20 7577 4218, liability.management@mufgsecurities.com) are dealer managers for the offer.

Tender instructions are due by 11 a.m. ET on May 28.

Indicative results will be announced before pricing on June 1.

Settlement is scheduled for June 3.

Lucid Issuer Services Ltd. (+44 20 7704 0880, hammerson@lucid-is.com) is the information and tender agent.

Hammerson is a real estate investment trust based in London.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.