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Prospect News home > News index > List of issuers T > Headlines for TSB Banking Group plc > News item
Published on 6/21/2022 in the Prospect News Liability Management Daily.

TSB Banking Group will redeem £450 million floaters due 2023

Chicago, June 21 – TSB Banking Group plc said it will redeem the £450 million of floating-rate notes due June 2023 (ISIN: XS2278589820) early on June 29, according to a notice.

The notes will be redeemed at par plus interest to the optional redemption date.

The notes will be canceled after the redemption.

The notes were issued on Dec. 23, 2020 under the £4 billion euro medium-term note program of the issuer and TSB Bank plc.

TSB is a U.K.-based retail bank. The parent organization is Banco Sabadell.


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