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