Santander UK to redeem €500 million floating-rate notes due 2023

By Rebecca Melvin

Concord, N.H., April 8 – Santander UK Group Holdings plc announced that it will redeem in full its €500 million floating-rate senior notes due 2023 (ISIN: XS1615065320), according to a notice.

The notes will be redeemed at par plus accrued interest to but excluding their optional redemption date on May 18.

The company said the notes, which were issued under the company’s €30 billion euro medium-term note program, will be canceled and delisted.

Santander UK is a London-based financial services company.

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