REG - NatWest Group plc - Notice of Redemption

NatwestAnnouncement

Yesterday 11:30

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RNS Number : 7051J  NatWest Group plc  01 December 2025

NatWest Group plc

1(st) December 2025

 

Notice of Redemption

NatWest Group plc (formerly known as The Royal Bank of Scotland Group plc)
(the "Issuer")

The Issuer has given notice to holders of the $1,500,000,000 6.000% Perpetual
Subordinated Contingent Convertible Additional Tier 1 Capital Notes (ISIN:
US780097BQ34; CUSIP: 780097BQ3 (the "Notes")) of the upcoming redemption of
the Notes on 29 December 2025. The amount of the Notes currently outstanding
is $1,500,000,000.

Upon redemption of the Notes there will be a gain to Common Equity Tier 1 of
approximately 5 basis points based on risk-weighted assets for the period
ended September 30, 2025. This arises due to changes in foreign exchange rates
since the date of issuance of the Notes.

The Notes are being redeemed pursuant to Section 3.08 of the Fourth
Supplemental Indenture dated as of 29 June 2020.  All of the outstanding
Notes will be redeemed by the Issuer on 29 December 2025 (the "Redemption
Date") at 100% of principal amount, together with accrued and unpaid interest
to (but excluding) the Redemption Date and subsequently cancelled. The Issuer
has notified the holders pursuant to the terms of the Notes.

To view the notice, please click on the link below.

http://www.rns-pdf.londonstockexchange.com/rns/7051J_1-2025-12-1.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/7051J_1-2025-12-1.pdf)

 

For further information, please contact:

Scott Forrest

Head of NatWest Treasury DCM

Tel: +44 (0)7747 455 969

 

Paul Pybus

Head of Debt Investor Relations

Tel: +44 (0) 7769 161 183

 

 

 

Legal Entity Identifier:  2138005O9XJIJN4JPN90

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