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Published on 4/12/2021 in the Prospect News Liability Management Daily.

Bank of Scotland to redeem all 7.754% perpetual preferred securities

Chicago, April 12 – Bank of Scotland Capital Funding LP announced the redemption of its £150 million 7.754% class B non-cumulative perpetual preferred securities (ISINs: XS0109139344, XS0109139427), according to a notice.

The securities will be redeemed at par on May 31.

Bank of Scotland plc is the Edinburg-based parent of Bank of Scotland Capital Funding, a special purpose vehicle.


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