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Prospect News home > News index > List of issuers O > Headlines for OakNorth Bank plc > News item
Published on 4/27/2023 in the Prospect News Liability Management Daily.

OakNorth Bank to early redeem £50 million 7.75% notes due 2028

By Mary-Katherine Stinson

Lexington, Ky., April 27 – OakNorth Bank plc will redeem all its outstanding £50 million 7.75% fixed-rate reset callable subordinated notes due 2028 (ISIN: XS1713463047), according to a notice.

The notes will be redeemed at par plus accrued interest on the reset date of June 1.

Following the redemption, the notes will be canceled and delisted from Euronext Dublin.

OakNorth is a London-based bank.


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