E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers V > Headlines for Virgin Money UK plc > News item
Published on 12/11/2020 in the Prospect News Liability Management Daily.

Virgin Money to redeem £475 million 5% fixed-rate reset tier 2 notes

By Cady Vishniac

Detroit, Dec. 11 – Virgin Money UK plc will redeem for cash all of its £475 million 5% fixed-rate reset callable subordinated tier 2 notes (ISIN: XS1346646901) on Feb. 8, according to a press release.

The notes will be redeemed at par.

The company says the notes are being redeemed subsequent to the September issuance of £475 million of 5.125% fixed-rate reset callable tier 2 capital notes due 2030.

Virgin Money plc is a bank and financial services company based in Newcastle, England.


© 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.