BBB

TSB BANKING GROUP PLC FRN SNR EMTN 12/28

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Overview
Analysis

BG05 analysis



Key facts


Issuer
TSB Banking Group Plc
Issue date
Dec 5, 2023
Maturity date
Dec 5, 2028
Outstanding amount
‪200.00 M‬GBP
Face value
100,000.00GBP
Minimum denomination
100,000.00GBP
Coupon
8.24% (Variable)
TSB has been created to bring more competition to banking in the UK, ultimately creating better banking for everyone. We do this by only serving the needs of individuals and local business customers. We don’t offer things like investment banking, or overseas investment, or big corporate finance. Instead, with over 8,500 staff we will focus on our 4.5million customers and looking after the £22 billion they have invested with us. The more we can help our customers to thrive along with the communities they are part of, the more successful TSB will be. We call this ‘local banking’. We will never ask you for any personal data on LinkedIn. Please protect yourself by not posting any personal information such as account details or contact details.
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