Lloyds redeems all outstanding 6.0884% fixed-to-floating preferreds

By Marisa Wong

Madison, Wis., May 13 – Lloyds Banking Group plc said it redeemed all of its outstanding 6.0884% non-cumulative fixed-to-floating preference shares callable in 2015.

The preferreds were redeemed at par on May 12, according to a 6-K filing with the Securities and Exchange Commission.

Lloyds is a financial services group based in London.

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