REG - SSE Plc - Notice of Early Redemption

SSEAnnouncement

27/07/2020 13:45

RNS Number : 2014U
  
SSE PLC
  
27 July 2020
  
 

SSE PLC
(incorporated with limited liability under the laws of Scotland under registered number SC117119)
 
£750,000,000 Capital Securities
(ISIN: XS1196714429)
 
 
Notice of Early Redemption
 
NOTICE IS HEREBY GIVEN by SSE plc (the "Issuer") that it will redeem the £750,000,000 Capital Securities (the "Sterling Securities") in full in accordance with Condition 6(b) of the terms and conditions of the Sterling Securities, with settlement of such redemption being effected on 10 September 2020 (the "Sterling Securities First Reset Date"). Such redemption shall be at the principal amount outstanding together with any accrued and unpaid interest up to (but excluding) the Sterling Securities First Reset Date and any outstanding Arrears of Interest (as defined in the terms and conditions of the Sterling Securities) pursuant to Condition 6(b) of the terms and conditions of the Sterling Securities. Subject to settlement being effected, any interest in respect of the Sterling Securities shall cease to accrue on and after the Sterling Securities First Reset Date. The redemption date shall be 10 September 2020.
PRINCIPAL PAYING AGENT
The Bank of New York Mellon, London Branch
One Canada Square
London E14 5AL
United Kingdom
 
TRUSTEE
 
BNY Mellon Corporate Trustee Services Limited
One Canada Square
London E14 5AL
United Kingdom
 
Dated: 27 July 2020
 


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