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IN BRIEF: Lloyds Banking issues redemption note for notes due 2024

24th Mar 2023 16:50

Lloyds Banking Group PLC - Edinburgh-based bank - Issues redemption notice for the entire outstanding principal amount of its 0.695% senior callable fixed-to-fixed rate notes due 2024, worth USD1.00 billion. Says the outstanding notes will be redeemed on May 11 at an amount equal to 100% of their principal amount, together with any accrued but unpaid interest to, but excluding, the redemption date. Accordingly, the listing of the Notes on the New York Stock Exchange will be cancelled on, or shortly after, May 11.

Current stock price: 45.76 pence

12-month change: down 6.1%

By Sophie Rose, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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