Exercise of Over-Allotment Op

RNS Number : 1382P

Lloyds Banking Group PLC

09 July 2010

 



67/10

9 July 2010

LLOYDS BANKING GROUP PLC SENIOR NOTES - EXERCISE OF OVER-ALLOTMENT OPTION

Lloyds Banking Group plc announces the exercise of the over-allotment option granted to the underwriters in respect of its US$750,000,000 7.75 per cent. Senior Notes due 2050 (the "Senior Notes") announced to the market on 1 July 2010.

The over-allotment option was exercised today for the full amount of US$112,500,000 Senior Notes. The aggregate principal amount of the Senior Notes will be US$862,500,000.

It is expected that settlement of the over-allotment option will occur on or about 14 July 2010.

Stabilisation FSA

For further information, please contact:

Media Relations

Tel:      [phone]

Email:  [e-mail]

Investor Relations

Michael Oliver

Director of Investor Relations

Tel:      [phone]

E-mail: [e-mail]

Moira d'Arcy

Head of Debt Investor Relations

Tel:      [phone]

E-mail: moira.d'[e-mail]

Disclaimer

The offering and the distribution of this announcement and other information in connection with the offer in certain jurisdictions may be restricted by law and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This announcement does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase, any Senior Notes.

Lloyds Banking Group has filed a Registration Statement (including a Prospectus) with the SEC for the offer to which this communication relates. You should read the Prospectus in that Registration Statement and other documents Lloyds Banking Group has filed with the SEC for more complete information about Lloyds Banking Group and this offer. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.

 

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