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Published on 7/17/2023 in the Prospect News Distressed Debt Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

West Bromwich Building Society buys back more 11% notes due 2038

By Mary-Katherine Stinson

Lexington, Ky., July 17 – West Bromwich Building Society gave notice of a further partial repurchase of its 11% subordinated tier 2 notes due 2038 (ISIN: XS1775405795).

The issuer repurchased £3,136,000 of the notes in the open market on Monday, according to a notice.

The repurchased notes will be canceled, leaving £2,065,900 nominal amount outstanding.

The bank is based in West Bromwich, England.


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