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Prospect News home > News index > List of issuers L > Headlines for Lloyds Banking Group plc > News item |
Lloyds to exchange shares for HBOS ¥42.5 billion 3.5% step-up notes
By Susanna Moon
Chicago, June 29 - Lloyds Banking Group plc said that LBG Capital No. 2 plc has agreed to exchange all ¥42.5 billion 3.5% undated subordinated step-up notes issued by HBOS plc for the delivery of 405,358,796 shares of Lloyds on June 29.
The financial services company is based in London.
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