IN BRIEF: Virgin Money starts tender offer for GBP250 million in notes

Virgin Money UK PLC - Newcastle, England-based bank - Launches tender offer for "any and all" of ...

Alliance News 28 November, 2023 | 10:47AM
Email Form Facebook Twitter LinkedIn RSS

Virgin Money UK PLC - Newcastle, England-based bank - Launches tender offer for "any and all" of its 9.25% fixed rate reset perpetual subordinated contingent convertible notes, which have GBP250.0 million outstanding. Will pay 100% of principal, plus any accrued interest due. Says offer will expire on Tuesday next week.

Current stock price: 143.20 pence, up 0.3%

12-month change: down 16%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

Email Form Facebook Twitter LinkedIn RSS

Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Virgin Money UK PLC 158.75 GBX 2.52

About Author

Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.

© Copyright 2024 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures