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IN BRIEF: OSB Group says all GBP60 million worth of CoCos tendered

6th Oct 2021 07:41

OSB Group PLC - Kent-based mortgage specialist focused on UK housing market, formerly known as OneSavings Bank - Shares results from tender offer of fixed-rate resetting perpetual subordinated contingent convertible securities, announced in late September. All GBP60 million in aggregate nominal amount of the securities are tendered for purchase. OSB accepts securities tendered at a cash purchase price equal to 105.75% of face value. All will be cancelled following settlement date.

Current stock price: 503.50 pence at London close on Tuesday

Year-to-date change: up 19%

By Josie O'Brien; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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OneSavings Bank
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