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St Modwen goes for early redemption of £80m bond

Regeneration specialist St Modwen Properties is to redeem a £80m 6.25% bond ahead of its 2019 maturity.

The company issued what was its first retail bond in 2012 to raise the £80m, and now plans to redeem it on 30 November, after the redemption price is set on 28 November.

Click here for the full Investegate announcement

 

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