Lloyds seeks new investors with first US retail deal

June 30, 2010 12:00 am

Lloyds Banking Group has started marketing a 40 year non-call five senior unsecured transaction in the US — the first time that it has sought to access the US retail investor base. Expectations are that the deal, earmarked as a $300m issue, could grow much larger. To read about how US retail investors take to Lloyds, read EuroWeek on Friday.

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