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Derwent London Plc
Redemption of the £175m 6.5% Secured bonds 2026
Business
Mar 16 2026
5 min read

Redemption of the £175m 6.5% Secured bonds 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