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Investing.com -- Tritax Big Box REIT (LON:BBOX) on Thursday announced the results of its tender offer for its £250.0 million 2.625% Notes due December 14, 2026.
The company revealed that at the expiration deadline of 4:00 p.m. London time on November 10, it had received valid tenders totaling £184.4 million in aggregate nominal amount of the notes for purchase.
Pricing for the offer took place around 11:00 a.m. London time on November 11. The purchase price payable by Tritax for notes validly tendered and accepted will be 98.644%.
The settlement date for the offer is Thursday. Following settlement, Tritax intends to cancel the notes purchased through the offer. After this cancellation, £65.6 million in aggregate nominal amount of the notes will remain outstanding.
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