Tower Bridge Funding 2023-1 PLC's Diverse Securities Are on the Way Out!

In an unplanned twist, Tower Bridge Funding 2023-1 PLC has found itself at the centre of attention in financial circles. The reason? Their array of securities have been earmarked for removal from the Official List, courtesy of none other than the Financial Conduct Authority (FCA).

Effective from 23/07/2025 at 08:00, the financial landscape will witness the eradication of a series of securities under the banner of Tower Bridge Funding 2023-1 PLC. The securities are spanning across various categories, including Class A, B, C, and D Mortgage Backed Floating Rate Notes due 20/10/2064, and are fully paid and registered in significant denominations and integral multiples.

The announcement about the delisting was published by the FCA, the regulatory body responsible for ensuring that financial markets operate in an organised and fair manner. This information, they stressed, had to be read in conjunction with notices issued by relevant Recognised Investment Exchanges concerning securities’ admission to trading on their markets.

In an already capricious market environment, the delisting of these securities adds another layer of complexity for investors and stockholders tied to these assets. Emphasising the need for investors to stay vigilant and informed, this situation reflects the brave new world of finance where the only constant is change.