Lloyds Banking Group PLC Notice of Redemption
18 February 2025 - 9:33PM
RNS Regulatory News
RNS Number : 5426X
Lloyds Banking Group PLC
18 February 2025
To the Noteholders
18 February
2025
Dear Sirs
Notification of
Redemption
Issuer: Lloyds Banking Group plc
Title: €1,500,000,000 Fixed Rate Reset Callable Notes due 2026
(the "Notes")
Issue Date: 01 April 2020
Maturity Date: 01 April 2026
ISIN: XS2148623106
We hereby give irrevocable notice to
Noteholders in accordance with Condition 5(f)
(Redemption at the Option
of the Company) of the Conditions of
the Notes that all of the Notes will be redeemed by Lloyds Banking
Group plc on 01 April 2025 at their Early Redemption Amount
together with interest (if any) accrued to the date fixed for
redemption.
We confirm that the Issuer has satisfied its
obligations pursuant to Condition 5(j), being the Conditions to
Redemption and Purchase.
Notice is given pursuant to
Condition 15 as overridden by clause 4.9 of the Amendments to
Conditions while in Global Form.
Capitalised terms used and not
defined herein shall have the meanings given to them in the trust
deed dated 8 April 2019 as supplemented and made between the Issuer
and The Law Debenture Trust Corporation p.l.c. (as Trustee)
constituting the Notes.
Noteholders need take no further
action in respect of their holding of Notes.
Yours faithfully
Lloyds Banking Group plc
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