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Published on 7/9/2020 in the Prospect News Liability Management Daily.

Tesco to redeem €500 million 2.125% notes under euro note program

By Taylor Fox

Chicago, July 9 – Tesco Corporate Treasury Services plc plans to redeem all €500 million outstanding of its 2.125% notes due Nov. 12, 2020 (ISIN: XS0992638220), according to a news release.

The notes will be redeemed at €1,000 per optional redemption amount, along with any interest, on Aug. 12.

The notes are guaranteed by Tesco plc under the £15 billion euro note program.

Tesco is a groceries and general merchandise retailer located in Welwyn Garden City, U.K.


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