Byzantium Finance to redeem four series of mortgage-backed floaters

By Tali David

Minneapolis, Dec. 6 - Byzantium Finance plc plans to redeem the remaining amounts outstanding on four series of its mortgage-backed floating-rate notes due 2032, according to a filing with the Irish Stock Exchange.

The following will be redeemed at par plus accrued interest on Jan. 10:

• £225 million of class A notes;

• £15 million of class B notes;

• £10 million of class C notes; and

• £2.5 million of class D notes.

Byzantium is in the United Kingdom.

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