REG - Santander UKGrp Hdgs - Notice of Optional Full Redemption

Wells Fargo & CoAnnouncement

02/12/2021 18:35

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RNS Number : 4422U  Santander UK Group Holdings PLC  02 December 2021

NOTICE OF OPTIONAL FULL REDEMPTION

 

TO THE HOLDERS OF

SANTANDER UK GROUP HOLDINGS PLC

3.571% Notes Due 2023

CUSIP No: 80281L AF2; ISIN No: US80281LAF22 (the "Notes")

 

 

The Notes were issued pursuant to an indenture dated as of October 9, 2015
between Santander UK Group Holdings plc, a public limited company incorporated
and registered in England and Wales, as issuer (the "Issuer") and Citibank,
N.A., as trustee (the "Trustee," as successor to Wells Fargo Bank, National
Association pursuant to an agreement of resignation, appointment and
acceptance dated March 4, 2021 among the Issuer, the Trustee and Wells Fargo
Bank, National Association) (the "Base Indenture" and, as amended and
supplemented by a third supplemental indenture, dated as of August 5, 2016, as
further amended and supplemented by a fourth supplemental indenture dated as
of January 10, 2017 and as amended and restated by the Amended and Restated
Senior Securities Indenture dated as of April 18, 2017, the "Indenture").
Capitalized terms used and not defined herein have the meanings ascribed to
them in the Indenture or, if not defined therein, the Notes.

 

NOTICE HAS BEEN GIVEN that, pursuant to Section 11.04 of the Indenture, the
Issuer has elected to redeem and will redeem on January 10, 2022 (the
"Redemption Date") all of the remaining principal amount of the Notes
outstanding at a price equal to 100% of the principal amount of the Notes,
plus accrued and unpaid interest thereon to, but excluding the Redemption Date
(the "Redemption Price").

 

On the Redemption Date, (i) the Redemption Price will become due and payable
on the Notes, (ii) unless the Issuer defaults in making payment of the
Redemption Price, interest on the Notes shall cease to accrue on and after the
Redemption Date, and (iii) the only remaining right of the holder with respect
to the Notes will be to receive payment of the Redemption Price upon surrender
of the Notes to the Paying Agent.

 

 

Santander UK Group Holdings plc
 
                        Dated: 2 December 2021

 

For further information, please contact:

 

Medium Term Funding

Santander UK plc

2 Triton Square

Regent's Place

London NW1 3AN

Tel: +44 (0) 20 7756 7100

Email: mtf@santander.co.uk (mailto:mtf@santander.co.uk)

 

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