Notice of Redemption - Tier 2 Capital Notes
Permanent TSB to redeem remaining €50.9m of Tier 2 Capital Notes on 19 May 2026.
- Original Tier 2 Capital Notes issued €250,000,000
- Notes acquired and cancelled (September 2025) €199,141,000
- Notes outstanding to be redeemed €50,859,000
- Redemption Date 19 May 2026
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Permanent TSB Group Holdings plc. (the "Company") Redemption of the €250,000,000 Tier 2 Capital Notes due 2031 issued by the Company (the "Notes") (ISIN: XS2321520525)
The Company previously announced on 23 September 2025 that €199,141,000 in aggregate principal amount of the notes had been acquired by the Company pursuant to a tender offer and cancelled; consequently, €50,859,000 in aggregate principal amount of the Notes are currently outstanding.
The Company announces that, on the First Call Date of 19 May 2026 (the "Redemption Date"), the Company will redeem all of the currently outstanding Notes at their principal amount together with accrued interest (if any) up to but excluding the Redemption Date in accordance with Condition 10 (b) of the terms and conditions (the "Conditions") of the Notes. The consent of the Supervisory Authority (as defined in the Conditions) has been obtained for the redemption.
The Notes are currently listed on the Regulated Market of Euronext Dublin. The Notes will be delisted with effect from the Redemption Date.
Given for and on behalf of the Company on 13 April 2026.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.