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IN BRIEF: Virgin Money starts tender offer for GBP250 million in notes

28th Nov 2023 10:47

Virgin Money UK PLC - Newcastle, England-based bank - Launches tender offer for "any and all" of its 9.25% fixed rate reset perpetual subordinated contingent convertible notes, which have GBP250.0 million outstanding. Will pay 100% of principal, plus any accrued interest due. Says offer will expire on Tuesday next week.

Current stock price: 143.20 pence, up 0.3%

12-month change: down 16%

By Sabrina Penty, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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