REG - NatWest Group plc - Notice of Redemption

NatwestAnnouncement

16/03/2022 16:15

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RNS Number : 0325F  NatWest Group plc  16 March 2022

NatWest Group plc

16 March 2022

 

Notice of Redemption

NatWest Group plc (the "Company")

 

The Company has given notice to holders of the $1,500,000,000 Fixed
Rate/Floating Rate Notes due 2023 and $1,500,000,000 Floating Rate Notes due
2023 issued by the Company pursuant to the Amended and Restated Indenture
dated September 13, 2011 as amended and supplemented by the First Supplemental
Indenture dated April 1, 2014, the Second Supplemental Indenture dated April
5, 2016 and the Fourth Supplemental Indenture dated May 15, 2017 (together,
the "Indenture") (ISIN Codes: US780097BE04 / US780097BF78) (the "Notes") of
the upcoming redemption of the Notes on 15 May 2022. The amount currently
outstanding under each series of Notes is $1,500,000,000.

 

The Company has elected to redeem the Notes on 15 May 2022 in accordance with
the Indenture. The Notes are being redeemed pursuant to Section 11.09 of the
Indenture.

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

http://www.rns-pdf.londonstockexchange.com/rns/0325F_1-2022-3-16.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/0325F_1-2022-3-16.pdf)

 

For further information, please contact:

Scott Forrest

Head of NatWest Treasury DCM

Tel: +44 (0)7747 455969

 

Forward-looking statements

 

This announcement contains forward-looking statements within the meaning of
the United States Private Securities Litigation Reform Act of 1995, such as
statements that include, without limitation, the words 'would have been',
'expect', 'estimate', 'project', 'anticipate', 'commit', 'believe', 'should',
'intend', 'will', 'plan', 'could', 'probability', 'risk', 'Value-at-Risk
(VaR)', 'target', 'goal', 'objective', 'may', 'endeavour', 'outlook',
'optimistic', 'prospects' and similar expressions or variations on these
expressions. These statements concern or may affect future matters, such as
NatWest Group's future economic results, business plans and strategies.  In
particular, this document may include forward-looking statements relating to
NatWest Group plc in respect of, but not limited to: the impact of the
Covid-19 pandemic, its regulatory capital position and related requirements,
its financial position, profitability and financial performance (including
financial, capital, cost savings and operational targets), the implementation
of its Purpose-led strategy and the refocusing of its NatWest Markets
franchise, its ESG and climate related targets, its access to adequate sources
of liquidity and funding, increasing competition from new incumbents and
disruptive technologies, its exposure to third party risks, its ongoing
compliance with the UK ring-fencing regime and ensuring operational continuity
in resolution, its impairment losses and credit exposures under certain
specified scenarios, substantial regulation and oversight, ongoing legal,
regulatory and governmental actions and investigations, the transition of
LIBOR and IBOR rates to alternative risk free rates and NatWest Group's
exposure to economic and political risks (including with respect to terms
surrounding Brexit and climate change), operational risk, conduct risk, cyber
and IT risk, key person risk and credit rating risk. Forward-looking
statements are subject to a number of risks and uncertainties that might cause
actual results and performance to differ materially from any expected future
results or performance expressed or implied by the forward-looking statements.
Factors that could cause or contribute to differences in current expectations
include, but are not limited to, the impact of the Covid-19 pandemic, future
acquisitions, the outcome of legal, regulatory and governmental actions and
investigations, the level and extent of future impairments and write-downs
(including with respect to goodwill), legislative, political, fiscal and
regulatory developments, accounting standards, competitive conditions,
technological developments, interest and exchange rate fluctuations, general
economic and political conditions and the impact of climate related risks and
the transitioning to a low carbon economy. These and other factors, risks and
uncertainties that may impact any forward-looking statement or NatWest Group
plc's actual results are discussed in NatWest Group plc's UK 2021 Annual
Report and Accounts (ARA) and NatWest Group plc's filings with the US
Securities and Exchange Commission, including, but not limited to, NatWest
Group plc's most recent Annual Report on Form 20-F and Reports on Form 6-K.
The forward-looking statements contained in this document speak only as of the
date of this document and NatWest Group plc does not assume or undertake any
obligation or responsibility to update any of the forward-looking statements
contained in this document, whether as a result of new information, future
events or otherwise, except to the extent legally required.

 

 

 Legal Entity Identifier
 NatWest Group plc         2138005O9XJIJN4JPN90

 

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