E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/22/2020 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Shawbrook to redeem rest of 8½% subordinated notes due 2025

By Taylor Fox

New York, Sept. 22 – Shawbrook Group plc plans to fully redeem its outstanding £200,000 of 8½% fixed-rate reset callable subordinated notes due 2025 (ISIN: XS1303933573), according to a news release.

The notes will be redeemed on Oct. 28 at par, plus interest.

Following redemption, the notes will be canceled.

The savings and lending bank is based in Brentwood, England.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.