REG - Bank of Scotland Plc Bank of Scotland - Notification of Redemption: Subordinated Bonds

Lloyds BankingAnnouncement

16/12/2021 14:35

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RNS Number : 9312V  Bank of Scotland Plc  16 December 2021

 

 

16 December 2021

 

 

Notification of Redemption

Issuer: Bank of Scotland plc (the "Issuer")

Title: £100,000,000 12 per cent. Perpetual Subordinated Bonds (Formerly
Halifax PIBS) (the "Bonds")

Issue Date: 2 June 1997

Maturity Date: Undated

ISIN: GB0000395094

 

Capitalised terms used and not defined herein shall have the meanings given to
them in the trust deed dated 2 June 1997 and made between the Issuer and The
Law Debenture Trust Corporation p.l.c. (as Trustee) constituting the Bonds.

The Issuer hereby gives notice to Bondholders that all of the Bonds will be
redeemed by the Issuer on 30 January 2022 at their principal amount plus
accrued and unpaid interest pursuant to Condition 4(c) of the Bonds.

Payments of principal and interest will be made to persons shown on the
Register at the close of business on the Record Date (being 31 December 2021).

Bondholders need take no further action in respect of their holding of Bonds.

 

For further information:

Group Corporate Treasury:

Liz Padley

Head of Capital Structuring, Holding Company and Resolution

Telephone: +44 (0)20 7158 1737

Email: Claire-Elizabeth.Padley@LloydsBanking.com
(mailto:Claire-Elizabeth.Padley@LloydsBanking.com)

 

Investor Relations:

Douglas Radcliffe

Group Investor Relations Director

Telephone: +44 (0)20 7356 1571

Email: Douglas.Radcliffe@LloydsBanking.com
(mailto:Douglas.Radcliffe@LloydsBanking.com)

 

Corporate Affairs:

Matthew Smith

Head of Media Relations

Telephone: +44 (0)20 7356 3522

Email: Matt.Smith@LloydsBanking.com (mailto:Matt.Smith@LloydsBanking.com)

 

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