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Prospect News home > News index > List of issuers Tenders > Headlines for 2020 > News item
Published on 9/8/2020 in the Prospect News Liability Management Daily.

Santander to redeem £175 million 1.75% 20-year step up notes Sept. 28

By Taylor Fox

New York, Sept. 8 – Santander UK plc plans to redeem all outstanding £175 million 20-year step up perpetual callable subordinated notes (ISIN: XS0117973262) on Sept. 28, according to a news release.

The notes will be redeemed at their principal amount, plus interest.

Santander will request the cancelation of the listing of the notes with effect on the redemption date.

The financial services company is based in London.


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