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BMK

6.98%
NEUTRAL

Benchmark Holdings Completes Bond Redemption

Why we think this is neutral

The RNS announcement is about the completion of a bond redemption, which is a routine corporate action and does not provide any significant new information about the company's performance or outlook.

Key Points

  • Benchmark Holdings plc has completed the redemption of its outstanding senior secured bonds

Summary

The retailer has completed the redemption of its outstanding senior secured bonds.

Benchmark Holdings plc has confirmed the successful completion of the call option on its outstanding senior secured bonds. The company had previously announced its intention to redeem the bonds on 1 April 2025.

GENERAL UPDATE