| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers T > Headlines for Tenders 2010 > News item |
Northern Rock investors tender £6.35 million 12 5/8% perpetual notes
By Devika Patel
Knoxville, Tenn., Dec. 9 - Northern Rock (Asset Management) plc said investors surrendered £6,345,779 of 12 5/8% perpetual subordinated notes as part of a cash tender offer for £20 million of the notes.
The offer launched on Nov. 9 and expired at 10 a.m. ET on Dec. 3. It is expected to settle on Dec. 10.
The company will pay £330 for each £1,000 principal amount of notes.
Deutsche Bank AG, London Branch, (+44 20 7545 8011) and Royal Bank of Scotland plc (+44 20 7085 1217 or +44 20 7085 9178) were the dealer managers. Lucid Issuer Services Ltd. (+44 20 7704 0880) was the tender and information agent. Capita Registrars Ltd. (+44 20 8639 3399) was the receiving agent.
Northern Rock is a Newcastle, England-based state-owned bank.
© 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.