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  5. Redemption of AT1 Securities

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Redemption of AT1 Securities

24 Feb 2021 07:00

RNS Number : 0933Q
Permanent TSB PLC
24 February 2021
 

PERMANENT TSB P.L.C.

NOTICE OF REDEMPTION

Permanent TSB p.l.c. (the "Company") Redemption of the €125,000,000 Fixed Rate Resettable Additional Tier 1 Securities issued by the Company (the "Securities") (ISIN: XS1227057814)

The Company announces that, on 1 April 2021 (the "Redemption Date"), the Company will redeem the Securities at their principal amount together with accrued interest (if any) up to but excluding the Redemption Date. The consent of the Supervisory Authority (as defined in the conditions of the Securities) has been obtained for the redemption and the Company has complied with the requirements set out in Article 78.1 (and Article 78.2 as applicable) of the CRD IV Regulation.

The Notes are currently listed on the Global Exchange Market of Euronext Dublin. The Notes will be delisted with effect from the Redemption Date.

Given for and on behalf of the Company on 24 February 2021.

-ends-

 

For Further Information Please Contact:

 

Nicola O'Brien

Head of External Reporting & Investor Relations Nicola.obrien@permanenttsb.ie +353 1 669 5283

 

Declan Dolan

Group Treasurer

Declan.Dolan@permanenttsb.ie +353 1 2462404

 

 

 

 

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