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Company Announcement - General

Redemption of the £175m 6.5% Secured bonds 2026

By LSE RNS

Date: Monday 16 Mar 2026







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


Tel: +44 (0)20 3478 4217 (Robert Duncan)



Damian Wisniewski, Chief Financial Officer


Jay Joshi, Group Financial Controller


Robert Duncan, Head of Investor Relations



Brunswick Group


Tel: +44 (0)20 7404 5959



Nina Coad


Peter Hesse



 






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