Lloyds Banking Group plc (LYG) Form 6-K — Aug 18, 2026
Lloyds Banking Group plc announced on 18 August 2026 that it has issued a notice of redemption for the entire £500,000,000 outstanding principal amount of its 1.985% Fixed Rate Reset Subordinated Debt Securities due 2031 (ISIN XS2351166421). The notice was distributed to The Bank of New York Mellon, acting through its London Branch, as trustee under the subordinated debt indenture. The securities will be redeemed on 15 September 2026 at 100% of principal together with accrued and unpaid interest, and the NYSE listing of the securities will be cancelled on or shortly after that date.
Key figures
- Debt Amount
- £500,000,000
- Interest Rate
- 1.985
- Maturity Date
- 2031 (original maturity); redemption effective September 15, 2026
- Isin
- XS2351166421
- Currency
- GBP
- Common code
- 235116642
- Security type
- Fixed Rate Reset Subordinated Debt Securities
- Redemption date
- 2026-09-15
- Redemption price
- 100% of principal plus accrued and unpaid interest
AI analysis
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