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Substitution of RBS & RBSG as Obligor & Guarantor

Released 07:00 10-Dec-2012

RNS Number : 1098T
Royal Bank of Scotland Group PLC
10 December 2012
 

10 December 2012

 

The Royal Bank of Scotland Announces Substitution of The Royal Bank of Scotland plc and The Royal Bank of Scotland Group plc as Obligor and Guarantor Under Certain The Royal Bank of Scotland N.V. Notes

Further to the previous announcements made in relation to the Dutch Scheme, RBS announced on 10 September 2012 that the final stage of the Dutch Scheme was implemented.  In connection with the Dutch Scheme, RBS announced today that as of 10 December 2012 (the "Effective Date") The Royal Bank of Scotland plc and The Royal Bank of Scotland Group plc ("RBSG") will be substituted as the obligor and guarantor, respectively, (the "Substitution") with respect to certain notes issued by The Royal Bank of Scotland N.V. ("RBS N.V.") and guaranteed by RBS Holdings N.V. ("RBSH") pursuant to one or the other of two indentures, dated 27 November 2000 and supplemented on 18 September 2003, and 15 September 2006 (the "Indentures").  The Substitution is permitted under Section 9.01 of the Indentures.  Securities issued by RBS N.V. and not guaranteed by RBSH will not be guaranteed by RBSG following the Substitution. 

 

Note that these changes may not be immediately reflected in third party information systems, such as Reuters and Bloomberg.

 

The following securities will be transferred to RBS plc pursuant to the Substitution:

 

US78009KFL17

US78009L2097

US78009KNT50

US78009KSA15

US78009KRY00

US00079FBM32

US78009L3087

US78009KMT69

US78009KPQ93

US78009KPH94

US78009KQT24

US78009KPK24

US78009KMD18

US78009KPE63

US78009KMB51

US78009KQV79

US78009KQE54

US00079FQA39

US78009KRS32

US78009KMF65

US78009KQY19

US78009KSC70

US78009KLF74

US78009KMU33

US78009KNS77

US78009KAA07

US78009KSB97

US78009KNA69

US78009KME90

US78009KPR76

US00079FBR29

US78009KLH31

US78009KNR94

US78009KNB43

US78009KFP21

US00079FBX96

US78009KQU96

US78009KSD53

US78009KMG49

US78009KEF57

US00079FCY60

US78009KKC52

US78009KNQ12

US78009KMV16

US78009KAB89

US00079FDB58

US78009KHV70

US78009KQW52

US78009KRL88

US00079FHS48 

US78009L4077

US78009KRQ75

US78009KMZ20

US78009KRJ33

 

 

For Further Information Contact:

RBS Group Investor Relations                                           RBS Group Media Relations

Greg Case                                                                      Michael Strachan

+44 207 672 1759                                                            +44 131 626 3997

 

Disclaimer

If you are in any doubt as to whether there is any tax or other impact on you, please discuss such matters with your advisers.

 

Cautionary Statement

The information, statements and opinions contained in this document do not constitute a public offer under any applicable legislation or an offer to sell or solicitation of any offer to buy any securities or financial instruments or any advice or recommendation with respect to such securities or other financial instruments.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Substitution of RBS & RBSG as Obligor & Guarantor - RNS