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Published on 8/7/2019 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Lloyds Bank plans to redeem 0% notes due 2045

By Rebecca Melvin

New York, Aug. 7 – Lloyds Bank plc is redeeming its 0% notes due 2045 for a purchase price of 120.858 per bond, or $36,257,260.50, according to a regulatory release.

The $30 million of securities will be redeemed early on Aug. 27, when they will also be delisted.

Lloyds is a bank and financial services group based in London.


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