Aldermore to redeem £60 million subordinated notes on Oct. 28

By Rebecca Melvin

Concord, N.H., Sept. 17 – Aldermore Group plc plans to redeem its £60 million subordinated notes (ISIN: XS1507529144) on Oct. 28, according to a notice.

The callable notes due Oct. 28, 2026 will be redeemed at par plus accrued interest to but excluding the redemption date.

Following redemption, the notes will be canceled.

Based in Peterborough, England, Aldermore provides banking and related services primarily to small and medium sized enterprises, property investors, savers and homeowners in the United Kingdom.

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