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Prospect News home > News index > List of issuers Tenders > Headlines for 2020 > News item
Published on 3/3/2020 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Aldermore to redeem £75 million tier 1 perpetuals at par on April 30

By Sarah Lizee

Olympia, Wash., March 3 – Aldermore Group plc plans to redeem its £75 million fixed-rate reset additional tier 1 perpetual subordinated contingent convertible securities (ISIN: XS1150025549) on April 30, according to a notice.

The notes will be redeemed at par plus accrued interest to but excluding the redemption date.

Based in Peterborough, England, Aldermore provides banking and related services primarily to small and medium sized enterprises, property investors, savers and homeowners in the United Kingdom.


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