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Land Securities announces tender results

Reuters - UK Focus

By Pauline Renaud

LONDON, March 26 (IFR) - Land Securities (LSE: LAND.L - news) has purchased £398.39m of its 5.391% bonds due 2025, £88.24m of its 5.396% 2030s and £119.34m of its 5.125% 2034s.

The tender expired on March 23 and is being financed with a new £350m nine-year bond and existing committed liquidity sources.

Full results here: https://www.rns-pdf.londonstockexchange.com/rns/9428I_-2018-3-26.pdf

(Reporting by Pauline Renaud, editing by Julian Baker)