24th Jun 2026 16:32
TSB BANKING GROUP PLC
(Legal Entity Identifier: 213800KWCGLFG9WZDX35)
(the "Issuer")
NOTICE FOR THE REPURCHASE OF THE NOTES AND NOTICE TO CANCEL AND REMOVE THE NOTES
24 June 2026
£300,000,000 Fixed-to-Floating Rate Callable Subordinated Tier 2 Capital Notes due 2036
(ISIN: XS3309646423; Common Code: 330964642)
(the "2026-1 Notes")
£200,000,000 Floating Rate Notes due December 2028
(ISIN: XS2728556684; Common Code: 272855668)
(the "2023-1 Notes", together, with the 2026-1 Notes, the "Notes")
NOTICE IS HEREBY GIVEN by the Issuer to the holders of the Notes that the Issuer intends to repurchase the outstanding Notes in full on or around 25 June 2026 pursuant to Condition 10(i) (Purchase) of the Terms and Conditions of the Notes.
Following such repurchase of the Notes, (i) the Notes will be cancelled pursuant to Condition 10(j) (Cancellation) of the Terms and Conditions of the Notes and no further interest payments will be made and (ii) upon such cancellation, the Notes will have ceased to exist and request will be made to: (a) remove the Notes from the Official List maintained by the Financial Conduct Authority and (b) cancel the Issuer's admission to trading on the London Stock Exchange plc of the Notes, in each case with effect on or around 1 July 2026.
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.
This Notice is given on 24 June 2026.
For further information, please email:
Notifying person:
Katherine Sinclair
Head of Wholesale Funding
TSB BANKING GROUP PLC
19th Floor, 8 Bishopsgate
London EC2N 4BQ
United Kingdom
DISCLAIMER - INTENDED ADDRESSEES
Please note that the information contained in each relevant Prospectus in relation each Series of Notes (each a "Prospectus") may be addressed to and/or targeted at persons who are residents of particular countries (specified in the relevant Prospectus) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the relevant Prospectus is not addressed. Prior to relying on the information contained in the relevant Prospectus you must ascertain from the relevant Prospectus whether or not you are part of the intended addressees of the information contained therein.
Your right to access this service is conditional upon complying with the above requirement.