21/05/2025
We’re delighted to have helped The British Land Company PLC with its cash tender offer for two series of outstanding debenture bonds: its £330 million 5.264% First Mortgage Debenture Bonds due 2035 and £310 million 5.357% First Mortgage Debenture Bonds due 2028.
The Offers – made as part of British Land’s liability management activities - were initially made public on March 12, 2025 and invited bondholders to tender their bonds for purchase by the company for cash, up to a specified maximum acceptance amount.
B&C assisted British Land with production and distribution of the Tender Offer Memorandum and accompanying forms. The formal tender offer completed on the 25th March.
Our thanks to our wonderful clients at British Land, Lloyds Bank Corporate Markets and NatWest.
To find out how we can help with your most important corporate actions, chat with us today: hello@blackandcallow.com
