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Published on 1/5/2022 in the Prospect News Liability Management Daily.

Santander to redeem 7.037% step-up reserve capital perpetuals Feb. 14

By Marisa Wong

Los Angeles, Jan. 5 – Santander UK plc issued a notice of early redemption for its £300 million 7.037% step-up callable perpetual reserve capital instruments (ISIN: XS0124569566).

All of the outstanding instruments will be redeemed on Feb. 14.

Santander UK is a London-based financial services company.


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