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CORRECTED-Mall operator Hammerson launches 700 mln euro sustainability-linked bond

(Corrects to say co is shifting existing debt profile, not cutting debt, in paragraph 1)

May 27 (Reuters) - Mall operator Hammerson on Thursday launched a real estate sustainability-linked bond of 700 million euros ($853.30 million) as it shifts the profile of its existing debt.

“The linking of the bond to our sustainability targets brings a stronger alignment between our financial and sustainability goals,” Chief Financial Officer Himanshu Raja said. ($1 = 0.8203 euros) (Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Arun Koyyur)

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