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Published on 7/24/2023 in the Prospect News Liability Management Daily.

Go-Ahead Group will redeem 2.5% guaranteed bonds on Aug. 4

Chicago, July 24 – Go-Ahead Group Ltd. announced the upcoming redemption for its £250 million 2.5% guaranteed bonds due 2024 (ISIN: XS1642733932).

The group was formerly known as the Go-Ahead Group plc.

All of the bonds will be redeemed on Aug. 4 at the redemption price with interest to the redemption date.

The bonds will be redeemed at the greater of par or the price determined using the 2.75% U.K. Treasury bond due September 2024 plus 25 basis points at 6 a.m. ET on Aug. 2.

The company is a Newcastle upon Tyne, U.K.-based passenger transport company.


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