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Published on 7/13/2017 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Vodafone calls 1.25% notes due 2017 for redemption on Aug. 14

By Susanna Moon

Chicago, July 13 – Vodafone Group plc issued a call for its 1.25% notes due September 2017.

The notes will be redeemed on Aug. 14 at a price equal to the greater of par plus accrued interest to the redemption date and the sum of the present values of the remaining scheduled payments of principal and interest on the notes discounted to the redemption date on a semiannual basis at the adjusted Treasury rate plus 10 basis points, according to a company notice.

Bank of New York Mellon is the trustee.

Vodafone is a London-based telecommunications company.


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