You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.

LONDON--(BUSINESS WIRE)-- Penarth Master Issuer PLC GBP300,000,000.00 144a Floating Rate Notes Due 3/2025 ISSUE NAME. Our Ref. ML1634 ISIN Code. XS1779703286 TOTAL INTEREST AMT. CURRENCY CODE. GBP DAY BASIS. ACTUAL/365 FIXED (A005) NUM OF DAYS. 31 INTEREST RATE. 0.5025 PCT VALUE DATE. 18/09/2020 INTEREST PERIOD. 18/08/2020 TO 18/09/2020 GBP 0 POOL FACTOR. N/A

Answer: FRN Variable Rate Fix