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Lloyds calls Bank of Scotland 8.117% perpetual preferred securities
New York, April 13 – Lloyds Banking Group plc said it will redeem the £250 million 8.117% class A non-cumulative perpetual preferred securities issued by Bank of Scotland Capital Funding LP.
The securities will be redeemed at par on May 31, according to a notice.
Lloyds is a financial services group based in London.
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