CLARIFICATION Notice ? Redemption ?100m 8.5% Bonds

RNS Number : 4663N

Prudential PLC

09 May 2018

 

Prudential PLC
9 May 2018

9 May 2018
Scottish Amicable Finance plc
LEI: 213800E2SWPCDVDKVT10

CLARIFICATION OF ANNOUNCEMENT 

CORRECTION OF HEADLINE

This announcement clarifies the announcement made by Scottish Amicable Finance plc on 8 May 2018, at 6.08 p.m. (UK time), with RNS number 4242N. That announcement was released with an incorrect headline. The headline should have read "Notice - Redemption £100,000,000 8.5% Bonds". The text of the announcement remains unchanged and is set out below in full for reference.

SCOTTISH AMICABLE FINANCE PLC

(the "Issuer")

£100,000,000 8.5 PER CENT. UNDATED SUBORDINATED GUARANTEED BONDS UNCONDITIONALLY AND IRREVOCABLY GUARANTEED ON A SUBORDINATED BASIS BY SCOTTISH AMICABLE LIFE ASSURANCE SOCIETY
(ISIN: XS0047897417)

(the "Bonds" and the holders thereof, the "Bondholders")

The Issuer has today given formal notice to the Bondholders that it intends to redeem the Bonds in full on 30 June 2018, in accordance with their terms and conditions.

Enquiries to:

Media:		Investors/Analysts:
Jonathan Oliver Jonathan Miller	[phone] [phone]	Chantal Waight Richard Gradidge William Elderkin	[phone] [phone] [phone]

DISCLAIMER

This announcement is not intended to and does not constitute or form part of any offer to sell or invitation to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities in any jurisdiction, nor shall it (or the fact of its distribution) form the basis of, or be relied on in connection with, any contract therefore or be considered a recommendation that any investor should subscribe for or purchase or invest in any securities.

The securities described in this announcement have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended, or under any relevant securities laws of any state of the United States of America and may not be offered, sold or delivered in the United States of America or to, or for the account of or benefit of, U.S. Persons, subject to certain limited exemptions.

 

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