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Prospect News home > News index > List of issuers Tenders > Headlines for 2024 > News item
Published on 3/5/2024 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Co-operative Bank calls 9½% subordinated tier 2 notes on reset date

Chicago, March 5 – Co-operative Bank Holdings Ltd. is calling for redemption the remaining £36.49 million of £200 million of 9½% fixed-rate reset callable subordinated tier 2 notes due 2029 (ISIN: XS1986325972), according to a notice.

The notes will be redeemed at par plus interest on the April 25 reset date.

The notes were issued by Co-operative Bank Finance plc.

The issuer is a Manchester, U.K.-based retail and commercial bank.


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