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OSB Group to Redeem GBP17 Million Convertible Securities

MT Newswires·09/17/2026 06:43:24
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06:43 AM EDT, 09/17/2026 (MT Newswires) -- OSB Group (OSB.L) plans to redeem the remaining 17.1 million pounds sterling of its 150 million pounds 6% fixed-rate resetting perpetual subordinated contingent convertible securities issued in October 2021. The lending and retail savings group said Thursday it will redeem the securities on Oct. 7 at their principal amount with accrued but unpaid interest.