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Lloyds Banking to sell fixed-to-fixed rate senior notes due 2023
By Devika Patel
Knoxville, Tenn., June 8 – Lloyds Banking Group plc intends to offer fixed-to-fixed rate senior notes due June 2023, according to a 424B2 filed with the Securities and Exchange Commission.
The notes are callable at par in June 2022.
Goldman Sachs & Co. LLC, Lloyds Securities Inc. and Morgan Stanley & Co. LLC are the bookrunners.
The London bank and financial services group plans to use the proceeds from this offering for general corporate purposes.
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