BRIEF-Hammerson issues 500 mln euro bond

June 24 Tue Jun 24, 2014 12:02pm EDT

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June 24 (Reuters) - Hammerson Plc

* Successful launch of eur 500 million 2022 bond with 2.0% coupon

* Hammerson plc announces successful launch and pricing of an eight year, eur 500 million (c. £400 million) bond maturing 2022

* Bond was priced at 90 basis points over mid swap rate and has an annual coupon of 2.0%. Issue was over five times oversubscribed

* Following this new issue overall loan to value ratio of group will be in line with our previously stated guidelines Source text for Eikon: Further company coverage: ))

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