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Workspace Group sets redemption price for £57.5M of bonds

Workspace Group PLC will fully redeem on Sept. 10 the £57.5 million outstanding amount of its 6.00% fixed-rate bonds due 2019 at £105.09 per £100 principal amount of the bonds.

The U.K.-based office real estate investment trust will also pay the interest accrued to the date of redemption of £2.52 per £100 principal amount of the bonds.

The bonds were issued Oct. 9, 2012.