Investors' approval of Lloyds Bank’s request to convert the interest basis on a covered bond to SONIA has been deemed credit positive by Moody’s. Moody’s said the agreement is credit ... The deal is expected to close in early 2016.
Investors' approval of Lloyds Bank’s request to convert the interest basis on a covered bond to SONIA has been deemed credit positive by Moody’s. The deal is expected to close in early 2016.