18.12.2014, 17:47
National Westminster Bank published the Notice of Redemption
OREANDA-NEWS. The holders of the £325,000,000 Undated Subordinated Step-Up Notes of the Issuer, issued under its £3,000,000,000 Euro Medium Term Note Programme (ISIN Code: XS0102493508 (the "Notes")) have been notified by the Issuer of the upcoming redemption of the Notes on 21 January 2015. The amount of the Notes currently outstanding is £87,272,000.
The Notes are being redeemed pursuant to Condition 5.3 of the Notes (Optional Early Redemption (Call)) at par plus accrued and unpaid interest to the date of redemption. The Issuer has notified the holders pursuant to the terms of the Notes.<link href="css/disclaimer.css" rel="stylesheet"/><link type="text/css" href="http://hsprod.investis.com/tools/news/css/news-item.css" rel="stylesheet"/></head><body id="readabilityBody" readability="48"><p>RNS Number : 2207A</p> <p>National Westminster Bank PLC</p> <p>18 December 2014</p>
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<p class="er"><span>Notice of Redemption</span></p>
<p class="es"><span>National Westminster Bank Plc (the "Issuer")</span></p>
<p class="ai"><span>The holders of the ?325,000,000 Undated Subordinated Step-Up Notes of the Issuer, issued under its ?3,000,000,000 Euro Medium Term Note Programme (ISIN Code: XS0102493508 (the "<span>Notes</span>")) have been notified by the Issuer of the upcoming redemption of the Notes on </span><span>21 January</span><span> 2015. The amount of the Notes currently outstanding is ?87,272,000.</span></p>
<p class="ai"><span>The Notes are being redeemed pursuant to Condition 5.3 of the Notes (<span>Optional Early Redemption (Call)</span>) at par plus accrued and unpaid interest to the date of redemption. The Issuer has notified the holders pursuant to the terms of the Notes.</span></p>
<p class="ai"><span>For further information, please contact:</span></p>
<p class="dz"><span>Matthew Richardson</span></p>
<p class="dz"><span>The Royal Bank of Scotland Group plc</span></p>
<p class="dz"><span>250 Bishopsgate, London, EC2M 4AA</span></p>
<p class="dz"><span>TEL: +44 20 7678 1800</span></p>
<p class="dz"><span>FAX: +44 20 7672 1801</span></p>
<p class="dz"><span> </span></p>
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The Notes are being redeemed pursuant to Condition 5.3 of the Notes (Optional Early Redemption (Call)) at par plus accrued and unpaid interest to the date of redemption. The Issuer has notified the holders pursuant to the terms of the Notes.
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