Lloyds aims to shift up to 20% of its opco debt

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Lloyds aims to shift up to 20% of its opco debt

Tyler Davies
June 13, 2017 10:00 AM
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File photo dated 18/03/14 of a Lloyds sign, as Lloyds Banking Group posted annual pre-tax profits of £4.24 billion, more than double the £1.64 billion reported for 2015. | Andrew Matthews/PA Wire/PA Images

Lloyds Bank has launched cash tender offers for about £6bn of dollar, euro and sterling senior bonds, as the UK financial institution looks to shrink the pool of outstanding notes issued from its operating company (opco).

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Tyler Davies
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