Notice of Redemption

Summary by AI BETAClose X

Vanquis Banking Group PLC has announced the redemption of its £200,000,000 Fixed Rate Reset Subordinated Tier 2 Notes due 2032, with the redemption date set for 13 October 2026. The company is exercising its option to redeem all outstanding notes in full at their principal amount of £41,536,000, plus accrued interest. Following this redemption, the listing and admission to trading of these notes on the London Stock Exchange are expected to be cancelled.

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