16th Dec 2019 16:42
COMPANY ANNOUNCEMENT
16 December 2019
NATWEST MARKETS PLC (formerly known as The Royal Bank of Scotland plc) (the Issuer)
RE: Series 30 EUR 200,000,000 Secured Notes due 2022 (the Securities); ISIN Code XS1952157664
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Pursuant to a Supplemental Constituting Instrument dated 13 December 2019 (the Supplemental Constituting Instrument), the Drawdown Listing Particulars dated 5 June 2019 (the Drawdown Listing Particulars) shall be amended with effect from 13 December 2019. Paragraph 15 and paragraph 16 of the "PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE" contained in the Drawdown Listing Particulars have been amended as follows:
(a) amending the Fixed Rate Note Provisions in paragraph 15 of Schedule 1 (Pricing Supplement) by:
(i) specifying that such provisions are "Not Applicable"; and
(ii) deleting the remainder of such paragraph 15
(b) amending the Floating Rate Note Provisions in paragraph 16 of Schedule 1 (Pricing Supplement) by:
(i) specifying that such provisions are "Applicable"; and
(ii) adding the following to such paragraph:
(i) Specified Period(s)/Specified Interest Payment Dates: | Quarterly, 5 June, 5 September, 5 December and 5 March in each year, adjusted in accordance with the Modified Following Business Day Convention (Unadjusted), provided that the final Interest Payment Date shall be the Maturity Date. |
(ii) First Interest Payment Date: | 5 September 2019 |
(iii) Business Day Convention: | Modified Following Business Day Convention (Unadjusted) |
(iv) Additional Business Centre(s): |
London and Paris and a Business Day must also be a day on which the TARGET2 System is open. |
(v) Manner in which the Rate(s) of Interest is/are to be determined: | Screen Rate Determination |
(vi) Party responsible for calculating the Interest Amount(s) (if not the Agent or, as the case may be, the Registrar): | Valuation Agent |
(vii) Screen Rate Determination: | Applicable |
- Reference Rate: | 3-month EURIBOR |
- Interest Determination Date(s): | Second day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in London prior to the start of each Interest Period |
- Relevant Screen Page: | Reuters page LIBOR01 |
(viii) ISDA Determination: | Not Applicable. |
(ix) Margin(s): | + 0.70 per cent. per annum |
(x) Minimum Rate of Interest: | Zero |
(xi) Maximum Rate of Interest: | Not Applicable |
(xi) Day Count Fraction: | Actual/360. |
(xii) Fall back provisions, rounding provisions, denominator and any other terms relating to the method of calculating interest on Floating Rate Notes, if different from those set out in the Conditions: | Not Applicable. |
Any queries relating to the above should be directed to the Issuer:
NatWest Markets Plc
250 Bishopsgate
London EC2M 4AA
United Kingdom
Attention: Natalie Deighton and Sophie Atkinson
Telephone: +44 (0) 20 76784115; +44 (0) 20 33619760
Email: [email protected]; [email protected]; [email protected]
This announcement has been issued through the Companies Announcement Service of Euronext Dublin.
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