Redemption of Securities
Nationwide Building Society has announced its intention to redeem its £400,000,000 4.00 per cent. Fixed Rate Reset Senior Non-Preferred Notes due 2027 in full on 3 September 2026. The redemption will occur at the principal amount plus accrued interest up to the redemption date, satisfying the preconditions for early redemption. Following this, the Notes will be cancelled, and a request will be made to cancel their listing on the Official List of the FCA and admission to trading on the London Stock Exchange.
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£400,000,000 4.00 per cent. Fixed Rate Reset Senior Non-Preferred Notes due 2027 issued pursuant to its U.S.$35,000,000,000 European Note Programme
(ISIN: XS3087811785)
(the Notes)
NOTICE IS HEREBY GIVEN by the Issuer to the Noteholders that, having satisfied the pre-conditions to, or requirements applicable to the redemption of the Notes in accordance with Condition 5.13 (Preconditions to Redemption, Purchase, Substitution or Variation of Senior Non-Preferred Notes) of the Notes, the Issuer will redeem the Notes in full on 3 September 2026 pursuant to Condition 5.5 (Redemption at the option of the Issuer) of the Notes.
The Notes will be redeemed at their principal amount, together with unpaid interest accrued to (but excluding) 3 September 2026.
Following redemption of the Notes, (i) the Notes will be cancelled and no further interest payments will be made and (ii) request will be made to the Financial Conduct Authority (the FCA) for the listing of the Notes on the Official List of the FCA and the admission to trading on the regulated market of the London Stock Exchange to be cancelled.
Unless otherwise defined in this Notice, terms used in this Notice have the meanings given to them in the terms and conditions of the Notes (the Conditions).
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.