Notices of Redemption

RNS Number : 8195K

Royal Bank of Scotland Group PLC

27 June 2014

 



Notices of Redemption

RBS Capital Trust A ("Trust A")
and
RBS Capital Trust I ("Trust I")
and
The Royal Bank of Scotland Group plc (the "Bank")
(collectively, the "Issuers")

The holders of the following securities (the "Securities") have been notified by the Issuers of the upcoming redemption of the Securities on 31 July 2014:

A.        the €1,250,000,000 6.467% Non-Cumulative Trust Preferred Securities issued by Trust A pursuant to the Amended and Restated Declaration of Trust dated 10 June 2002 of Trust A (ISIN Code: XS0149161217) (the "Trust A TPS");

B.        the $850,000,000 4.709% Non-Cumulative Trust Preferred Securities issued by Trust 1 pursuant to the Amended and Restated Declaration of Trust dated 21 May 2003 of Trust 1 (ISIN Code: US749274AA41) (the "Trust I TPS" and together with the Trust A TPS, the "TPSs");

C.        the €1,250,001,000 Fixed/Floating Rate Callable Subordinated Notes due 2042 issued by the Bank pursuant to the Trust Deed dated 10 June 2002 (ISIN Code: XS0149690470); and

D.        the US$850,001,000 Fixed/Floating Rate Callable Subordinated Notes due 2043 issued by the Bank pursuant to the Trust Deed dated 21 May 2003 (ISIN Code: XS0169102281).

As a result of previous public tender offers for the TPSs, the Bank already holds €859,071,000 of Trust A TPS and $532,430,000 of Trust I TPS.

The Securities are being redeemed as a result of the occurrence of a Regulatory Event in respect of the TPSs. Terms used but not defined herein shall have the meaning given to them in the relevant notice of redemption. The Issuers have sent the notices to the holders pursuant to the terms of the Securities. To view the notices, please click on the links below.

http://www.rns-pdf.londonstockexchange.com/rns/8195K_-2014-6-27.pdf

http://www.rns-pdf.londonstockexchange.com/rns/8195K_1-2014-6-27.pdf

http://www.rns-pdf.londonstockexchange.com/rns/8195K_2-2014-6-27.pdf

http://www.rns-pdf.londonstockexchange.com/rns/8195K_3-2014-6-27.pdf

For further information, please contact:

Greg Case

The Royal Bank of Scotland Group plc

280 Bishopsgate, London, EC2M 4RB

TEL: [phone]

FAX: [phone]

 

END

 

 

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