Update: Announcement of additional distributions - 16 January 2019
Following the publication of LBIE’s 20th Progress Report on 11 October 2018, the Joint Administrators have made additional distributions to the subordinated creditor given the further progress made in the administration generally.
- £408m on 18 December 2018
- £130m on 16 January 2019
This brings the total distributed to date to the subordinated creditor, in respect of its subordinated debt for both principal and interest, to £1,812m.
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