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Prospect News home > News index > List of issuers Tenders > Headlines for 2010 > News item
Published on 7/2/2010 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Bradford & Bingley buys back all £500 million 2011 floating-rate bonds

By Marisa Wong

Madison, Wis., July 2 - Bradford & Bingley plc said that it fully purchased and canceled on July 2 its £500 million of series 18 floating-rate covered bonds due October 2011 issued under its €15 billion covered bond program.

The bank said it has requested that listing of the bonds and admission of the bonds to trading on the Luxembourg Stock Exchange be canceled.

Bradford & Bingley is a Bingley, England-based bank.


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