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Published on 6/9/2016 in the Prospect News Investment Grade Daily.

New Issue: Lloyds Bank prices $200 million senior notes due 2028 at par

By Cristal Cody

Eureka Springs, Ark., June 9 – Lloyds Bank plc sold $200 million of fixed-rate callable senior medium-term notes due June 30, 2028 at par on Thursday, according to a 424B2 filing with the Securities and Exchange Commission.

The series A notes are fully and unconditionally guaranteed by Lloyds Banking Group plc.

Barclays is the underwriter.

Other terms of the issuance were not disclosed.

The bank is based in London.

Issuer:Lloyds Bank plc
Guarantor:Lloyds Banking Group plc
Amount:$200 million
Maturity:June 30, 2028
Securities:Senior notes
Underwriter:Barclays
Price:Par
Call feature:June 30, 2023 and every June 30 until final maturity at par
Pricing date:June 9
Settlement date:June 30
Distribution:SEC registered

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