Redemption Notice
Nationwide Building Society has announced the full redemption of its £650,000,000 6.178% Fixed Rate Reset Senior Non-Preferred Notes due 2027 on 7 December 2026. The redemption price will be £1,000 per Calculation Amount, representing 100% of the principal, plus accrued interest up to, but excluding, the redemption date. Following this, the notes will be cancelled, and applications 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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£650,000,000 6.178% Fixed Rate Reset Senior Non-Preferred Notes due 2027 issued pursuant to its U.S.$35,000,000,000 European Note Programme
(ISIN: XS2562898143)
(the Notes)
NOTICE IS HEREBY GIVEN by the Issuer to the holders of the Notes that, having satisfied the pre-conditions to, or requirements applicable to the redemption of the Notes in accordance with Condition 5.12 (Preconditions to Redemption, Purchase, Substitution or Variation of Senior Non-Preferred Notes) of the Notes, the Issuer will redeem the Notes in full on 7 December 2026 pursuant to Condition 5.5 (Redemption at the option of the Issuer) of the Notes. The Notes will be redeemed at £1,000 per Calculation Amount, being 100% of their principal amount, together with unpaid interest accrued to but excluding 7 December 2026.
Following redemption of the Notes, (i) the Notes will be cancelled and no further interest payments will be made and (ii) requests will be made to the Financial Conduct Authority (the FCA) for the listing of the Notes on the Official List of the FCA and to London Stock Exchange plc for the admission to trading of the Notes on its main market to be cancelled.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.