{"filing":{"accession_number":"0001654954-26-007008","cik":"0001160106","ticker":"LLOBF","company_name":"Lloyds Banking Group plc","form":"6-K","filing_date":"2026-07-30","report_date":"2026-07-30","primary_document":"a6269o.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1160106/000165495426007008/a6269o.htm"},"events":[{"id":22157,"run_id":20028,"accession_number":"0001654954-26-007008","anchor_item_number":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.72,"summary":"Lloyds Banking Group announces a \"push-down election\" effective 30 July 2026, reclassifying existing preference shares as Tier 2 Capital and activating a subordination mechanism that ranks Additional Tier 1 (AT1) perpetual subordinated contingent convertible securities (totaling approximately £3.25 billion and $3.25 billion across seven series) junior to the reclassified preference shares. While this is technically a restructuring of existing capital instruments rather than a new issuance, the material change in the ranking and regulatory treatment of approximately £5.5 billion in outstanding AT1 securities constitutes a significant modification of direct financial obligations that would affect investor assessment of the registrant's capital structure and creditor hierarchy.","company_name":"Lloyds Banking Group plc","ticker":"LLOBF","filing_date":"2026-07-30","form":"6-K","submitted_at":null,"items":null}],"classifications":[{"id":22019,"accession_number":"0001654954-26-007008","item_number":null,"item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.72,"reasoning":"Lloyds Banking Group announces a \"push-down election\" effective 30 July 2026, reclassifying existing preference shares as Tier 2 Capital and activating a subordination mechanism that ranks Additional Tier 1 (AT1) perpetual subordinated contingent convertible securities (totaling approximately £3.25 billion and $3.25 billion across seven series) junior to the reclassified preference shares. While this is technically a restructuring of existing capital instruments rather than a new issuance, the material change in the ranking and regulatory treatment of approximately £5.5 billion in outstanding AT1 securities constitutes a significant modification of direct financial obligations that would affect investor assessment of the registrant's capital structure and creditor hierarchy.","classifier_version":"claude-haiku-4-5-20251001+prompt-6be895f9","taxonomy_version":"v1.3","classified_at":"2026-07-31T00:06:54.015401+00:00","company_name":"Lloyds Banking Group plc","ticker":"LLOBF","filing_date":"2026-07-30"}]}