March 27, 2017 6:03 PM ET

Banks

Company Overview of Lloyds Bank plc

Company Overview

Lloyds Bank plc provides a range of banking and financial products and services in the United Kingdom and internationally. It operates through four segments: Retail, Commercial Banking, Consumer Finance, and Insurance. The Retail segment offers a range of financial service products, including current accounts, savings, personal loans, and mortgages to retail customers comprising wealth and small business customers. This segment also distributes insurance products, protection and credit cards, and a range of long-term savings and investment products. The Commercial Banking segment provides products, such as lending, global transaction banking, financial markets, and debt capital markets and p...

25 Gresham Street

London,  EC2V 7HN

United Kingdom

Founded in 1765

77,726 Employees

Phone:

44 20 7626 1500

Key Executives for Lloyds Bank plc

Group Chief Executive and Executive Director
Age: 52
Chief Financial Officer, Group Finance Director and Executive Director
Age: 53
Chief Executive of Commercial Banking
Head of Shipping
Head of Consumer, Healthcare & Pharmaceutical and Managing Director
Compensation as of Fiscal Year 2016.

Lloyds Bank plc Key Developments

Lloyds Bank plc expected to report Fiscal Year 2016 results on March 27, 2017. This event was calculated by Capital IQ (Created on March 20, 2017).

Lloyds Bank plc expected to report Fiscal Year 2016 results on March 27, 2017. This event was calculated by Capital IQ (Created on March 20, 2017).

Lloyds Bank plc Announces Early Tender Results of Outstanding U.S. Dollar Denominated Notes

Lloyds Bank plc announced the early tender results of its previously announced cash tender offer for a combined aggregate purchase price of up to $2,000,000,000 (the "Maximum Tender Cap") of certain series of outstanding U.S. dollar denominated notes issued by Lloyds Bank plc and guaranteed by Lloyds Banking Group plc. The Maximum Tender Offer is being made on the terms and subject to the conditions in the Offer to Purchase dated 27 October 2016 (the "Offer to Purchase"). Capitalized terms not otherwise defined in this announcement have the same meaning as in the Offer to Purchase. Based on information provided by the Tender Agent, approximately $2,839,769,000 aggregate principal amount of the Maximum Tender Notes were validly tendered and not validly withdrawn at or prior to 5:00 p.m., New York City time, on 9 November 2016 (the "Early Tender Deadline"). The Maximum Tender Offer will expire at 11:59 p.m., New York City time, on 25 November 2016, unless extended (such date and time, as the same may be extended, the "Maximum Tender Expiration Deadline") or earlier terminated. The deadline to validly withdraw tenders of Maximum Tender Notes was 5:00 p.m., New York City time, on 9 November 2016 (the "Maximum Tender Withdrawal Deadline"); therefore Maximum Tender Notes that have been tendered and not validly withdrawn prior to the Maximum Tender Withdrawal Deadline may not be withdrawn unless otherwise required by applicable law.

Lloyds Bank plc Announces the Final Results of its Previous Cash Tender Offer for Any and All of Certain Series of Outstanding U.S. Dollar Denominated Notes

Lloyds Bank plc announced the final results of its previously announced cash tender offer for any and all of certain series of outstanding U.S. dollar denominated notes issued by Lloyds Bank plc and guaranteed by Lloyds Banking Group plc. The Any and All Tender Offer was made on the terms and subject to the conditions set out in the Offer to Purchase dated 27 October 2016 and the related notice of guaranteed delivery. Capitalised terms not otherwise defined in this announcement have the same meaning as in the Offer to Purchase. Based on information provided by the Tender Agent, $3,296,365,000 in aggregate principal amount of the Any and All Notes listed in the table below were validly tendered and not validly withdrawn by 5:00 p.m., New York City time, on 3 November 2016, as more fully set forth below. The Offeror has accepted all Any and All Notes that were validly tendered and not validly withdrawn prior to the Any and All Expiration Deadline. The Any and All Settlement Date is expected to be 8 November 2016. In addition, $18,907,000 in aggregate principal amount of the Any and All Notes were tendered using the guaranteed delivery procedures.

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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