22nd Feb 2023 19:41
Secure Trust Bank PLC - Solihull, England-based savings accounts and lending services provider - Prices a new issue of GBP90.0 million 13% fixed rate reset callable subordinated notes due 2033. Expects the settlement to occur on or about February 28. Agrees on the settlement of the new notes to buy back the entire aggregate principal amount of its existing GBP25.0 million 6.75% fixed rate reset callable subordinated notes due 2028. Expects the buyback to be completed on the same day as the settlement of the new notes. Read More
