IN BRIEF: Lloyds Banking to redeem USD1.5 billion senior notes

Thu, 23rd May 2024 10:44

Lloyds Banking Group PLC - Edinburgh-based lender - Issues notice of redemption for entire USD1.50 billion outstanding principle amount of its 3.870% senior callable fixed-to-fixed rate notes due in 2025. Says the outstanding notes will be redeemed on July 9 at 100% of the principle amount together with any accrued but unpaid interest. The notes' listing on the New York Stock Exchange will be cancelled on or shortly after that date.

Current stock price: 56.00 pence

12-month change: up 18%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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