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Santander UK calls all £300 million 5.827% step-up callable preferreds
By Tali Rackner
Norfolk, Va., Feb. 12 – Santander UK plc plans to redeem all of its outstanding £300 million 5.827% step-up callable perpetual preferred securities, according to a filing with the London Stock Exchange.
The securities will be redeemed at par on March 22.
Citibank NA is the paying agent.
The financial services company is based in London.
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