REG - Lloyds Banking Group - Notice of Redemption

Lloyds BankingAnnouncement

18/02/2025 10:45

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RNS Number : 5426X  Lloyds Banking Group PLC  18 February 2025

 

 

To the Noteholders

 

18 February 2025

 

Dear Sirs

 

Notification of Redemption

Issuer: Lloyds Banking Group plc

Title: €1,500,000,000 Fixed Rate Reset Callable Notes due 2026 (the "Notes")

Issue Date: 01 April 2020

Maturity Date: 01 April 2026

ISIN: XS2148623106

 

We hereby give irrevocable notice to Noteholders in accordance with Condition
5(f) (Redemption at the Option of the Company) of the Conditions of the Notes
that all of the Notes will be redeemed by Lloyds Banking Group plc on 01 April
2025 at their Early Redemption Amount together with interest (if any) accrued
to the date fixed for redemption.

 

We confirm that the Issuer has satisfied its obligations pursuant to Condition
5(j), being the Conditions to Redemption and Purchase.

Notice is given pursuant to Condition 15 as overridden by clause 4.9 of the
Amendments to Conditions while in Global Form.

 

Capitalised terms used and not defined herein shall have the meanings given to
them in the trust deed dated 8 April 2019 as supplemented and made between the
Issuer and The Law Debenture Trust Corporation p.l.c. (as Trustee)
constituting the Notes.

 

Noteholders need take no further action in respect of their holding of Notes.

 

 

Yours faithfully

 

Lloyds Banking Group plc

 

 

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