Derwent London Secures £250m Bond to Fund Growth and Refinancing

Derwent London plc REIT ( (GB:DLN) ) has issued an announcement.

Derwent London plc has successfully priced a £250 million 7-year senior unsecured bond with a 5.25% interest rate, which will be listed on the London Stock Exchange. The proceeds will be used to repay existing credit facilities, refinance near-term debt, and fund development projects, including the upcoming Holden House W1 project. This bond issuance extends the company’s weighted average debt maturity to approximately 5 years, reflecting strong market confidence and supporting its strategic growth initiatives.

The most recent analyst rating on (GB:DLN) stock is a Buy with a £2600.00 price target. To see the full list of analyst forecasts on Derwent London plc REIT stock, see the GB:DLN Stock Forecast page.

Spark’s Take on GB:DLN Stock

According to Spark, TipRanks’ AI Analyst, GB:DLN is a Outperform.

Derwent London’s overall stock score is driven primarily by its financial stability and positive corporate events. The stock’s moderate valuation and mixed technical indicators suggest a balanced risk-reward profile. Investors can expect stable income with some growth potential, supported by strategic corporate developments.

To see Spark’s full report on GB:DLN stock, click here.

More about Derwent London plc REIT

Derwent London plc is the largest London office-focused real estate investment trust (REIT), owning a commercial real estate portfolio valued at £5.0 billion as of December 2024. The company specializes in regenerating buildings through redevelopment or refurbishment, effective asset management, and capital recycling, primarily in central London. Derwent London is committed to becoming a net zero carbon business by 2030 and has a strong balance sheet with modest leverage.

Average Trading Volume: 304,203

Technical Sentiment Signal: Sell

Current Market Cap: £2.14B

For an in-depth examination of DLN stock, go to TipRanks’ Stock Analysis page.