Lloyds Banking intends to sell fixed-rate senior notes in two parts

By Devika Patel

Knoxville, Tenn., Jan. 4 – Lloyds Banking Group plc is planning to price a two-part offering of senior notes due 2022 and 2027, according to a 424B2 filed with the Securities and Exchange Commission.

The offering consists of fixed-rate notes that are non-callable.

Goldman Sachs & Co., HSBC Securities (USA) Inc., Lloyds Securities, Morgan Stanley & Co. LLC and Wells Fargo Securities LLC are the bookrunners.

Proceeds will be used for general corporate purposes.

The retail bank is based in London.

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