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IN BRIEF: Lloyds to repurchase £477 million of 2025 notes

ALN

Lloyds Banking Group PLC - UK mortgage lender and financial services - Accepts £477.1 million of its £750.0 million 7.625% dated subordinated notes due 2025 in tenders to repurchase. Says settlement date is Tuesday, and once the notes are cancelled £272.9 million in the notes will remain outstanding.

Current stock price: 45.84 pence

12-month change: down 1.6%

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