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

 

END

 

 

MSCDVLFBZFFEBBZ