5th Jun 2026 12:18
NOTICE OF REDEMPTION AND CANCELLATION OF LISTING
TSB Banking Group Limited, formerly TSB Banking Group plc
(the "Issuer")
£450,000,000 Floating Rate Notes due June 2027
ISIN: XS2489284500
(the "Notes")
issued under the £2,000,000,000 Euro Medium Term Note Programme of the Issuer and £2,000,000,000 Euro Medium Term Note Programme of TSB Bank plc (the "Programme")
5 June 2026
The Issuer has today given notice to the Holders that it has elected to redeem all of the outstanding Notes pursuant to Condition 10(b) of the terms and conditions of the Notes (the "Conditions"), as completed by the Final Terms relating to the Notes dated 9 June 2022 (the "Final Terms"), and paragraph 18 of the Final Terms.
The Notes will be redeemed on 13 June 2026 (being the Optional Redemption Date). The Notes will be redeemed at their principal amount, together with any interest accrued to the Optional Redemption Date. As 13 June 2026 falls on a Saturday, payment of such principal amount and accrued interest will be made on Monday, 15 June 2026 (being the next succeeding payment business day) in accordance with the Conditions. Further in accordance with the Conditions, no additional interest shall accrue in respect of the period from (and including) 13 June 2026 to (but excluding) 15 June 2026.
The Notes, and the listing of the Notes on the Official List of the Financial Conduct Authority and the admission of the Notes to trading on the main market of the London Stock Exchange plc, will be cancelled forthwith following the redemption.
Capitalised terms used herein but not otherwise defined shall have the meaning given to such terms in the Conditions.
Issuer LEI Number: 213800KWCGLFG9WZDX35
For further information, please contact:
Gina Bouette
Treasury Legal
TSB Bank plc
Email: [email protected]
Telephone: +44 (0)7919014843