Lloyds Banking Group Issues $2.75 Billion in New Debt
Ticker: LLOBF · Form: 6-K · Filed: Oct 29, 2025 · CIK: 1160106
| Field | Detail |
|---|---|
| Company | Lloyds Banking Group PLC (LLOBF) |
| Form Type | 6-K |
| Filed Date | Oct 29, 2025 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $1,500,000,000, $1,250,000,000, $300,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt-issuance, financing, fixed-income
TL;DR
Lloyds just dropped $2.75B in new debt notes. Big money move.
AI Summary
Lloyds Banking Group plc announced on October 29, 2025, the issuance of new debt securities. This includes $1.5 billion in 4.425% Senior Callable Fixed to Fixed Rate Notes due 2031 and $1.25 billion in 4.943% Senior Callable Fixed to Fixed Rate Notes due 2036.
Why It Matters
This debt issuance provides Lloyds Banking Group with significant capital, potentially strengthening its financial position and ability to fund future operations or acquisitions.
Risk Assessment
Risk Level: low — The filing is a standard debt issuance announcement, which is a routine financial activity for a large bank.
Key Numbers
- $2.75B — Total Debt Issued (Aggregate principal amount of the two series of notes issued by Lloyds Banking Group.)
- 4.425% — Interest Rate (2031 Notes) (Coupon rate for the Senior Callable Fixed to Fixed Rate Notes due 2031.)
- 4.943% — Interest Rate (2036 Notes) (Coupon rate for the Senior Callable Fixed to Fixed Rate Notes due 2036.)
Key Players & Entities
- Lloyds Banking Group plc (company) — Issuer of the debt securities
- $1,500,000,000 (dollar_amount) — Principal amount of 4.425% Senior Callable Fixed to Fixed Rate Notes due 2031
- $1,250,000,000 (dollar_amount) — Principal amount of 4.943% Senior Callable Fixed to Fixed Rate Notes due 2036
- 2031 (date) — Maturity year for the first series of notes
- 2036 (date) — Maturity year for the second series of notes
FAQ
What is the total principal amount of debt being issued by Lloyds Banking Group?
Lloyds Banking Group is issuing a total of $2.75 billion in debt, comprised of $1.5 billion in notes due 2031 and $1.25 billion in notes due 2036.
What are the interest rates for the newly issued notes?
The notes due 2031 carry a fixed rate of 4.425%, and the notes due 2036 carry a fixed rate of 4.943%.
When are the new debt securities due to mature?
The first series of notes is due in 2031, and the second series is due in 2036.
What type of debt is being issued?
Lloyds Banking Group is issuing Senior Callable Fixed to Fixed Rate Notes.
What is the filing date of this report?
This Form 6-K was filed on October 29, 2025.
Filing Stats: 306 words · 1 min read · ~1 pages · Grade level 13.4 · Accepted 2025-10-29 11:56:59
Key Financial Figures
- $1,500,000,000 — ance by Lloyds Banking Group plc of (i) $1,500,000,000 aggregate principal amount of 4.425% Se
- $1,250,000,000 — ixed to Fixed Rate Notes due 2031, (ii) $1,250,000,000 aggregate principal amount of 4.943% Se
- $300,000,000 — to Fixed Rate Notes due 2036 and (iii) $300,000,000 aggregate principal amount of Senior Ca
Filing Documents
- dp236470_6k.htm (6-K) — 10KB
- dp236470_ex0101.htm (EX-1.1) — 238KB
- 0000950103-25-013794.txt ( ) — 249KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. LLOYDS BANKING GROUP PLC (Registrant) Dated: October 29, 2025 By: /s/ Kristofer Middleton Name: Kristofer Middleton Title: Head of Term Issuance and Capital Structuring