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British Land Company plc Announces Final Terms Of Convertible Bond Offering

Wednesday, 5 Sep 2012 02:01am EDT 

British Land Company plc announces the final terms of its offering of GBP400 million of senior, unsecured Convertible Bonds due 2017 (the Bonds), as announced on September 4, 2012. The Bonds will have a coupon of 1.5% per annum payable semi-annually in arrear and the initial conversion price has been set at 693.07p, a premium of 31.25% above the volume weighted average price of the shares from launch to pricing. 

Company Quote

19.5 +2.73%
11:37am EDT