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Generalfinance to Redeem EUR5 Million Subordinated Tier 2 Bond in October

MT Newswires·09/09/2026 00:29:57
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12:29 AM EDT, 09/09/2026 (MT Newswires) -- Generalfinance (GF.MI) will redeem its 5 million-euro subordinated tier 2 callable 10% fixed-rate bond early on Oct. 6. The financial services group will redeem the bond at 100% of the nominal value, along with accrued interest at 10% per annum from Oct. 1 to Oct. 6, according to a Tuesday release. The early redemption forms part of the group's plan to streamline its liability structure and regulatory capital composition, improve its financial profile, and minimize financing costs.