Egg Banking announces €44.5 million 7.5% perpetual notes buyback

By Ashley Montgomery

Kansas City, Kan., June 27 - Egg Banking plc has repurchased or agreed to repurchase €44.5 million of its 7.5% perpetual upper tier II callable notes, according to a notice.

Following the repurchases, the notes will be canceled and €71,978,000 will remain outstanding.

The British internet bank is based in Derby and London, England.

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