Vodafone to redeem €1.0B 2080 capital securities on Nov 24, 2025
Vodafone Group Plc announced it will redeem all outstanding €1,000,000,000 capital securities due 27 August 2080 after exercising its Issuer’s Substantial Repurchase Event Redemption Option.
Rhea-AI Filing Summary
Vodafone Group Plc announced it will redeem all outstanding €1,000,000,000 capital securities due 27 August 2080 after exercising its Issuer’s Substantial Repurchase Event Redemption Option.
The redemption will occur on 24 November 2025 at the securities’ principal amount plus any accrued and unpaid interest up to, but excluding, the redemption date. Payment will be made via Euroclear and Clearstream under their standard procedures.
Vodafone has also requested the FCA to cancel the listing of these securities on the redemption date.
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Insights
Vodafone will retire €1.0B hybrid securities, paying principal plus accrued interest on Nov 24, 2025.
Vodafone exercised its Substantial Repurchase Event Redemption Option on its €1,000,000,000 capital securities due 27 August 2080. The company states all outstanding securities will be redeemed at principal plus accrued and unpaid interest up to the redemption date.
Operationally, payments will settle through Euroclear and Clearstream, which indicates standard clearing for the redemption. The listing is set to be cancelled on the redemption date pursuant to FCA rules.
The filing does not detail funding sources or balance sheet effects. Actual impact will depend on Vodafone’s broader capital allocation and refinancing strategy as disclosed in subsequent reports.
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