REG - Legal & General Grp - Redemption of Debt

Legal & GeneralAnnouncement

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RNS Number : 8963W  Legal & General Group Plc  27 August 2025

 Legal & General Group Plc

 27 August 2025

Legal & General Group Plc
Redemption of £600,000,000 Fixed Rate Reset Subordinated Notes (the "Notes") due 2045 (ISIN: XS1310962839) issued by Legal & General Group Plc

 

Reference is made to the Terms and Conditions (the "Terms and Conditions") of
the Notes and to the Final Terms of the Notes dated 22 October 2015.  Terms
and expressions defined in the Terms and Conditions of the Notes shall have
the same meanings in this notice.

 

On 2 April 2025, Legal & General Group Plc announced the successful
completion of a tender offer to all holders of the Notes, pursuant to which
£498,425,000 in aggregate nominal amount of the Notes (the "Tendered Notes")
were validly tendered for purchase by Noteholders.

 

The Tendered Notes were repurchased and cancelled by Legal & General Group
Plc on 3 April 2025. As at the date hereof, £101,575,000 in aggregate nominal
amount of the Notes remain outstanding (the "Outstanding Notes").

 

Notice is hereby given that, in accordance with Condition 6(e) of the Terms
and Conditions of the Notes, Legal & General Group Plc will redeem the
Outstanding Notes at their Optional Redemption Amount on 27 October 2025,
together with all accrued but unpaid interest payable thereon.  Following
such redemption, there will be no Notes outstanding.

 

The listing of the Notes on the Official List of the Financial Conduct
Authority and the admission of the Notes to trading on the Main Market of the
London Stock Exchange plc will be cancelled on, or shortly after, 27 October
2025.

 

 

-ENDS-

 

Further information

Name: Monika Remenyi

Role: Head of Funding and DCM

Division: Legal & General Group Plc

Tel: 020 3124 2064

Email: Monika.Remenyi@group.landg.com

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