Tower Bridge Funding to delist notes after full redemption in July

Published 24/06/2025, 16:20
 Tower Bridge Funding to delist notes after full redemption in July

LONDON - Tower Bridge Funding 2023-1 PLC announced Tuesday it will fully redeem all of its notes on July 21, 2025, leading to the cancellation of their listing on the Official List of the Financial Conduct Authority and removal from trading on the London Stock Exchange (LON:LSEG)’s main market.

The delisting and trading cancellation will take effect on July 22, 2025, according to the company’s statement. The redemption will be executed pursuant to Note Condition 5(d)(i), which covers mandatory redemption in full.

The affected securities include four classes of notes due October 2064: Class A, Class B, Class C, and Class D Notes, each available in both Regulation S and Rule 144A formats.

Tower Bridge Funding 2023-1 PLC, registered in England and Wales under number 14070256, has already informed both the Financial Conduct Authority and the London Stock Exchange about the planned redemption and subsequent delisting.

The announcement was made through a formal notice to noteholders in accordance with Note Condition 13, which outlines the procedures for providing notices to those holding the company’s debt securities.

This information was provided in a press release statement issued by the company.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.