Slaughter and May advised Hammerson plc on the annual update of its £5,000,000,000 Euro Medium Term Note and subsequent issuance of €350,000,000 3.500 per cent

Slaughter and May advised Hammerson plc (“Hammerson”) on the annual update of its £5,000,000,000 Euro Medium Term Note (the “Programme”) and subsequent issuance of €350,000,000 3.500 per cent. Fixed Rate Notes due 2032 (the “Notes”). The Notes are listed on the London Stock Exchange and are expected to be assigned a rating of Baa2 by Moody’s and A- by Fitch.

Slaughter and May advised Hammerson on the establishment of the Programme in 2024. Hammerson is the largest UK-listed owner and manager of prime retail and leisure anchored city destinations in the UK, France and Ireland, with a portfolio valuation of £3 billion.