Birmingham City Council Repurchase and cancellation of Loan Notes

RNS Number : 0628L

Birmingham City Council

05 November 2024

Birmingham City Council ("the Council") announces that it has repurchased £72,899,000 nominal of its £214,971,000 9.675% Loan Notes due 2030 ("the Bonds") at a price of 120.43, representing a total consideration of £87,794,073.

Following this purchase, £142,072,000 nominal of the Loan Notes remains outstanding. The Loan Notes which have been repurchased will be surrendered by the Council for cancellation.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

STREAXFSEFDLFFA

Birming Cc9.675 (LSE:48RL)
過去株価チャート
から 11 2024 まで 12 2024