REG - Coventry BuildingSoc - Publication of Amended Final Terms

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RNS Number : 1412Y  Coventry Building Society  25 March 2026

25 March 2026

NOTICE TO COVERED BONDHOLDERS

 

COVENTRY BUILDING SOCIETY (the Issuer)

£850,000,000 Series 12 Floating Rate Covered Bonds due April 2026

(the Series 12 Covered Bonds)

(ISIN: XS2149428109; Common Code: 214942810)

issued by the Issuer (together, the Series 12 Covered Bonds and the holders
thereof the Covered Bondholders) constituted by a Trust Deed dated 17 July
2008 as supplemented, amended and restated from time to time (including in
relation to the Series 12 Covered Bonds, pursuant to a supplemental trust deed
dated 23 March 2024 (the First Series 12 Supplemental Trust Deed)) and made
between the Issuer, Coventry Building Society Covered Bonds LLP (the LLP) and
HSBC Corporate Trustee Company (UK) Limited (the Bond Trustee and the Security
Trustee), and issued under the €7 billion (now €11 billion) Global Covered
Bond Programme irrevocably and unconditionally guaranteed as to payment of
principal and interest by Coventry Building Society Covered Bonds LLP (the
Programme)

 

Publication of Amended Final Terms

 

Terms used and not defined herein have the same meanings given thereto in the
Prospectus issued by the above-named Issuer and dated 22 November 2019.

The following amendments (as approved by the Series 12 Covered Bondholders on
25 March 2026, by way of Written Resolution) are made to the Conditions set
out in the Final Terms dated 1 April 2020, as amended and restated on 21 March
2024 in respect of the Series 12 Covered Bonds under the Programme:

1.       Part A - Contractual Terms, Item 9(i) (Final Maturity Date) is
amended to "Interest Payment Date falling in or nearest to April 2031";

2.       Part A - Contractual Terms, Item 9(ii) (Extended Due for
Payment Date of Guaranteed Amounts corresponding to the Final Redemption
Amount under the Covered Bond Guarantee) is amended to" Interest Payment Date
falling in or nearest to April 2032";

3.       Part A - Contractual Terms, Item 10 (Interest Basis) is amended
to "From and including 2 April 2024, SONIA +0.50 per cent. Floating Rate

From and including 2 April 2026, SONIA +0.48 per cent. Floating Rate";

4.       Part A - Contractual Terms, Item 12 (Change of Interest Basis
or Redemption/Payment Basis - Interest Basis) is amended to "Interest Basis:
SONIA +0.48 per cent. Floating Rate"; and

5.       Part A - Contractual Terms, Item 16(viii) (Margin(s)) is
amended to "From and including 2 April 2024, SONIA +0.50 per cent. Floating
Rate

From and including 2 April 2026, SONIA +0.48 per cent. Floating Rate".

 

These changes were effective 25 March 2026.

To view the amended Final Terms, please paste the following URL into the
address bar of your browser:

http://www.rns-pdf.londonstockexchange.com/rns/1412Y_1-2026-3-25.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/1412Y_1-2026-3-25.pdf)

 

Further information

For further information, please email:

media@thecoventry.co.uk

 

Notifying person:

 

Catherine Green

Society Secretary

LEI: 2138004G59FXEAZ6IO10

 

Coventry Building Society

Coventry House

Harry Weston Road

Binley

Coventry

CV3 2TQ

 

DISCLAIMER - INTENDED ADDRESSEES

 

Please note that the information contained in the Final Terms may be addressed
to and/or targeted at persons who are residents of particular countries
(specified in the Final Terms) only and is not intended for use and should not
be relied upon by any person outside these countries and/or to whom the offer
contained in the Final Terms is not addressed.  Prior to relying on the
information contained in the Final Terms you must ascertain from the Final
Terms whether or not you are part of the intended addressees of the
information contained therein.

 

In particular, the Final Terms does not constitute an offer of securities for
sale in the United States.  This is not for distribution in the United
States.  The securities described herein have not been, and will not be,
registered under the U.S. Securities Act of 1933, as amended (the Securities
Act), or under any relevant securities laws of any state of the United States
of America and are subject to U.S. tax law requirements.  Subject to certain
exceptions, the securities may not be offered or sold within the United States
or to, or for the account or benefit of, U.S. persons or to persons within the
United States of America, as such terms are defined in Regulation S under the
Securities Act.  There will be no public offering of the securities in the
United States.

 

Your right to access this service is conditional upon complying with the above
requirement.

 

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