British Telecommunications Announces Redemption of €500 Million Capital Securities
Why we think this is neutral
This RNS announcement is a general update regarding the redemption of €500 million capital securities by British Telecommunications. As it does not contain any of the mandatory news types, such as trading updates, results, or major contract/order news, the sentiment is assessed as neutral.
Key Points
- British Telecommunications to redeem €500 million in capital securities on 19 May 2025
- Securities will be redeemed at 100% of principal amount plus accrued interest
Summary
The telecommunications company is redeeming €500 million in capital securities on 19 May 2025.
British Telecommunications public limited company (LEI: 549300OWFMSO9NYV4H90) has announced that it will fully redeem its €500,000,000 Capital Securities due 2080 on 19 May 2025. The securities will be redeemed at 100% of their principal amount, plus accrued and unpaid interest.
GENERAL UPDATE