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Published on 7/30/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

OneSavings Bank proposes redeeming perpetual subordinated bonds

Chicago, July 30 – OneSavings Bank plc plans to redeem its £22 million perpetual subordinated bonds (ISIN: GB00B61ZXL72) on Sept. 7, according to a notice.

The redemption is contingent upon final approval from the company’s board of directors.

Law Debenture Trust Corporation plc is the trustee for the bonds, and Equiniti Ltd. is the agent.

OneSavings is a commercial bank based in Chatham, England.


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