Derwent London PlcLSE: DLN

Completion of?100m Private Placement

RNS Number : 2337X
Derwent London PLC
09 January 2014
 

9 January 2014

Completion of £100m private placement

Further to the disclosure made in the interim management statement published on 13 November 2013, Derwent London plc is pleased to announce the completion of the £100m fixed rate unsecured private placement funding from New York Life.

Of this £100m fixed rate loan, £25m is for 15 years at 4.41% and £75m is for 20 years at 4.68%.

-ends-

For further information please contact:

Derwent London                               020 7659 3000

Damian Wisniewski, Finance Director

Louise Rich, Head of Investor Relations


This information is provided by RNS
The company news service from the London Stock Exchange
 
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