Natwest Regulatory News (NWG)

NatWest Group plc

27 February 2024

NatWest Group plc ("NWG") completed the pricing of its USD 1,000,000,000 5.583% Senior Callable Fixed-to-Fixed Reset Rate Notes due 2028 (the "2028 Fixed Rate Notes"), USD 1,500,000,000 5.778% Senior Callable Fixed-to-Fixed Reset Rate Notes due 2035 (the "2035 Fixed Rate Notes") and USD 300,000,000 Senior Callable Floating Notes due 2028 (the "Floating Rate Notes" and, together with the 2028 Fixed Rate Notes and the 2035 Fixed Rate Notes, the "Senior Notes").

The proceeds to NWG (before expenses and underwriting discounts) of USD 2,800,000,000 from the Senior Notes will be used to fund NWG's general banking business. 

The offering is scheduled to close on 29 February 2024, subject to the satisfaction of customary conditions.

NWG has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (the "SEC") for the offering to which this communication relates. Investors should read the prospectus in such registration statement and other documents NWG has filed with the SEC for more complete information about NWG and this offering. You may get these documents for free by visiting the SEC website at www.sec.gov. Alternatively, copies may be obtained from NatWest Markets Securities Inc., toll free at 1-800-231-5380.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

For further information, please contact:

Scott Forrest

Head of NatWest Treasury DCM

NatWest Group plc

Tel: +44 (0)7747 455969

Legal Entity Identifier: 2138005O9XJIJN4JPN90