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Published on 3/27/2013 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Lloyds TSB Bank completes repurchase of ¥20 billion of 5.57% notes

By Tali David

Minneapolis, March 27 - Lloyds TSB Bank plc completed an early repurchase of ¥20 billion of its undated subordinated 5.57% step-up coupon notes, according to a redemption notice.

Following the March 26 transaction, there is no remaining balance on the notes.

The retail bank is based in London and Edinburgh.


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