Financing ·
Lloyds Banking Group plc announced the redemption of the entire outstanding principal amount of its £500,000,000…
LLDTFLloyds Banking Group plc
Lloyds Banking Group plc announced the redemption of the entire outstanding principal amount of its £500,000,000 1.985% Fixed Rate Reset Subordinated Debt Securities due 2031 on August 18, 2026. The securities will be redeemed at 100% of their principal amount plus accrued interest on September 15, 2026. Consequently, the listing of these securities on the New York Stock Exchange is set to be cancelled shortly after the redemption date. Lloyds Banking Group plc operates in the financial services industry, providing banking and insurance products.