Coventry Building Society announced a tender offer for two series of notes.
The offer covers £400 million 7.000% Senior Non-Preferred Fixed Rate Reset Notes due 2027 and £200 million Fixed Rate Reset Callable Notes due 2028.
Goldman Sachs International and NatWest Markets Plc are joint dealer managers.
For 2027 notes, the purchase price is 101.125% of nominal amount plus accrued interest. For 2028 notes, the price will be determined in May 2026.
The move follows the acquisition of Co-op Bank Holdings and aims to maintain capital structure.
Notes purchased will be cancelled.
Deadline for submission: May 22, 2026, at 4:00 p.m. London time.
