Completion of £100m Private Placement

 

 

 

9 January 2014

 

 

 

Completion of £100m private placement

 

Further to the disclosure made in the interim management statement published on 13 November 2013, Derwent London plc is pleased to announce the completion of the £100m fixed rate unsecured private placement funding from New York Life.

 

Of this £100m fixed rate loan, £25m is for 15 years at 4.41% and £75m is for 20 years at 4.68%.

 

-ends-

 

 

For further information please contact:

 

Derwent London                               020 7659 3000

 

Damian Wisniewski, Finance Director

 

Louise Rich, Head of Investor Relations