Lloyds looks to swap legacy debt for new tier two

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Regulatory Capital

Lloyds looks to swap legacy debt for new tier two

Frank Jackman
November 16, 2020 01:30 pm
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LONDON, UK - JULY 31th 2018: Lloyds bank store front on Oxford Street in central London. | ink drop - stock.adobe.com

Lloyds Bank is offering investors the chance to trade in several of its legacy tier one and tier two capital instruments in exchange for a new 15 year tier two note.

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Bank CapitalLloyds BankRegulatory CapitalFIGGoldman Sachs
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Frank Jackman
Corporate Debt Editor
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