Shawbrook Group PLC Announces Redemption of £75 Million Notes
Why we think this is neutral
This RNS announcement is a routine update on the redemption of the company's £75,000,000 9.00 per cent. Fixed Rate Reset Callable Subordinated Notes due 2030. It does not contain any information on the company's trading performance, financial results, or other significant business developments. As a general update, the maximum sentiment score that can be assigned is NEUTRAL.
Key Points
- Shawbrook Group plc to redeem £75 million subordinated notes on 10 July 2025
- Notes will be redeemed at their principal amount plus any unpaid interest
- All notes will be cancelled after redemption
Summary
The financial services company is redeeming its £75 million subordinated notes on 10 July 2025.
Shawbrook Group plc has announced that it will redeem all outstanding £75,000,000 9.00 per cent. Fixed Rate Reset Callable Subordinated Notes due 2030 on 10 July 2025. The company will pay the principal amount of the notes, along with any unpaid interest accrued up to the redemption date.
GENERAL UPDATE