Business
Redemption of £175 million Convertible Bonds
Redemption of £175 million Convertible Bonds.
About this update from Derwent London Plc
[{"type":"text","content":"\n\n\n\n\n\nDerwent London plc\nRedemption of £175 million Convertible Bonds\n\n\n\n\n \nDerwent London plc (the \"Company\", together with its subsidiaries, the \"Group\") announces that the Group's £175 million 1.5% convertible bonds due 2025 have been redeemed in full at maturity on 12 June 2025. No bonds were converted into equity, and the redemption was funded from existing liquidity resources. Following redemption, the Group's net debt position remains unchanged.\n \nFor further information, please contact:\n\n\n\n\nDerwent London\nTel: +44 (0)20 3478 4217 (Robert Duncan)\n\n\nDamian Wisniewski, Chief Financial Officer\nJay Joshi, Group Financial Controller\nRobert Duncan, Head of Investor Relations\n\n\n\n\nBrunswick Group\nTel: +44 (0)20 7404 5959\n\n\nNina Coad\nEmily Brentnall\n\n\n\n\n \nDate: 12 June 2025\n\n","length":2048,"tagName":"div"}]