RE: Hi Pref's16 Aug 2024 17:14
LLPE 6.475 prefs being redeemed at par + coupon, 15 Sept or thereabouts. I suspect Lloyds would like to do the same here. However LLPC are irredeemable, so I think that means share holder vote plus legals, before they could recall. If they called at par, then that would be quite a loss on the current price. Would be a shame to loose this cash cow. Any thoughts?