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The latest announcement is out from Lloyds Banking ( (GB:LLOY) ).
Lloyds Banking Group has announced its decision to redeem $1 billion in 2.438% Senior Callable Fixed-to-Fixed Rate Notes due in 2026, with the redemption set for February 5, 2025. This move will result in the delisting of the notes from the New York Stock Exchange and signifies a strategic financial decision impacting its debt structure, potentially affecting stakeholders’ perceptions and the Group’s future financial planning.
More about Lloyds Banking
Lloyds Banking Group plc is a major British financial institution that provides a wide range of banking and financial services, including personal and commercial banking, wealth management, and insurance. It primarily operates in the UK market, focusing on consumer and business banking services.
YTD Price Performance: 21.18%
Average Trading Volume: 161,692,098
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £33.19B
For a thorough assessment of LLOY stock, go to TipRanks’ Stock Analysis page.
