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Hammerson prices 10-year £350m senior unsecured bond to refinance Project Jewel bridge loan

Hammerson has priced a 10-year £350m senior unsecured corporate bond to refinance the bridge loan used to finance the Project Jewel loan portfolio acquisition.
By James Wallace
October 21, 2015 | 6:52 P.M.

The new corporate bond, which was more than two times oversubscribed, was priced at 173 basis points over the 10 Year UK Gilt Index and has an annual coupon of 3.5%.

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