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M&G PLC - London-based investment manager - Provides results of bond tender offer launched on Monday last week. Spends around £150.0 million, in line with its plan. All of this will be for its 2055 notes. No 2051, 2063 or 2068 notes will be accepted for purchase, M&G says. The acceptance amount for the 2055 notes is about £161.0 million. The tender offer is part of a overall £450 million deleveraging plan, which also includes the redemption of £300 million in 2049 notes next month. Current stock price: 201.03 pence 12-month change: up 2.2% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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