Source - SMW
Property developer Helical said it intended redeem an £80.0m bond offering on March 2, in line with plans to reduce its debt and annual finance costs.

The 6% bonds were issued on 24 June 2013 with a maturity date of 24 June 2020.

Based on the closing price of the benchmark gilt on 19 January 2018, the aggregate redemption price was expected to be around £89.0m, a premium of £9.0m over the aggregate issue price of the bonds.


At 2:31pm: (LON:HLCL) Helical Bar PLC share price was +7.5p at 354p