Retail REIT intu has repurchased a further £57m convertible bonds, which carry a 2.5% coupon and are due next year.
Following the previous purchase of £32.7m bonds, which was announced last month, and this purchase, £210.3m in aggregate principal amount of the convertible bonds remains outstanding.
The company said it may look to make further repurchases from time to time, subject to market conditions.
The convertible bonds that have been purchased will either be surrendered by the company to the issuer for cancellation or be held until their maturity date.
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