E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers L > Headlines for Lloyds Banking Group plc > News item
Published on 5/23/2019 in the Prospect News Liability Management Daily.

Lloyds Banking Group calls £1.48 billion rate reset tier 1 perpetuals

By Angela McDaniels

Tacoma, Wash., May 23 – Lloyds Banking Group plc will redeem all of its £1,480,784,000 fixed rate reset additional tier 1 perpetual subordinated contingent convertible securities, according to a noteholder notice.

The securities were issued on April 1, 2014 and will be redeemed on June 27.

Lloyds is a bank and financial services group based in London.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.