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Published on 11/17/2023 in the Prospect News Liability Management Daily.

Clydesdale Bank calls all 7.875% tier 2 capital notes due 2028

By Marisa Wong

Los Angeles, Nov. 17 – Clydesdale Bank plc will redeem in full its outstanding £250 million 7.875% fixed-rate reset callable tier 2 capital notes due 2028 (ISIN: XS1921970668) issued under its £10 billion global medium-term note program, according to a notice.

The notes will be redeemed on Dec. 14.

The commercial bank is based in Glasgow.


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