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Published on 3/4/2021 in the Prospect News Investment Grade Daily.

Lloyds Banking Group to price fixed-to-fixed notes in two parts

By Marisa Wong

Los Angeles, March 4 – Lloyds Banking Group plc plans to price senior callable fixed-to-fixed rate notes due May 2024 and senior callable fixed-to-fixed rate notes due May 2027, according to a 424B2 filing with the Securities and Exchange Commission.

Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Lloyds Securities Inc. and TD Securities (USA) LLC are the joint bookrunners.

The notes will settle in March.

Proceeds will be used for general corporate purposes.

The retail and commercial bank is based in Edinburgh, Scotland, with operational headquarters in London.


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