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Vanquis Banking Group to Redeem Outstanding Tier 2 Notes Due 2032

MT Newswires·09/18/2026 05:52:04
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05:52 AM EDT, 09/18/2026 (MT Newswires) -- Vanquis Banking Group (VANQ.L) will fully redeem all outstanding 41.5 million pounds sterling of fixed-rate reset subordinated tier 2 notes due 2032. The notes will be redeemed Oct. 13 at their principal amount along with unpaid and accrued interest, according to a Friday release. Vanquis will cancel the notes and delist them from the London bourse's main market after the redemption. The notes had an original amount of 200 million pounds.