[6-K] NatWest Group plc American Current Report (Foreign Issuer)
NatWest Group plc has notified holders of its 300,000,000 Fixed to Fixed Rate Notes (ISIN: XS1795261822) that the Notes will be redeemed on 19 September 2025. The full amount outstanding is 300,000,000 and the redemption will be made at par under the Notes' call option with accrued interest paid up to but excluding the redemption date. The notice states the redemption is made pursuant to the terms of the Notes and provides a link to the full notice and a contact in NatWest Treasury for further information.
NatWest Group plc ha informato i titolari dei suoi £300,000,000 Fixed to Fixed Rate Notes (ISIN: XS1795261822) che le Obbligazioni saranno rimborsate il 19 settembre 2025. L'intero importo residuo è di £300,000,000 e il rimborso avverrà a valore nominale (par) in conformità all'opzione di call delle Obbligazioni, con gli interessi maturati pagati fino a, ma esclusi, la data di rimborso. L'avviso precisa che il rimborso è effettuato in base ai termini delle Obbligazioni e fornisce un link all'avviso integrale e un contatto della Tesoreria di NatWest per ulteriori informazioni.
NatWest Group plc ha notificado a los tenedores de sus £300.000.000 Fixed to Fixed Rate Notes (ISIN: XS1795261822) que los Bonos se redimirán el 19 de septiembre de 2025. El importe íntegro pendiente es de £300.000.000 y la redención se realizará al valor nominal (par) conforme a la opción de compra de los Bonos, con los intereses devengados pagados hasta, pero sin incluir, la fecha de redención. El aviso indica que la redención se efectúa de acuerdo con los términos de los Bonos y proporciona un enlace al aviso completo y un contacto en Tesorería de NatWest para más información.
NatWest Group plc는 보유자들에게 자사의 £300,000,000 Fixed to Fixed Rate Notes (ISIN: XS1795261822)가 2025년 9월 19일에 상환될 것임을 통지했습니다. 미상환 전액은 £300,000,000이며, 상환은 노트의 콜 옵션에 따라 액면가(파)로 이루어지고 상환일을 제외한 기간까지 발생한 이자는 지급됩니다. 통지문은 상환이 노트 약관에 따라 이루어짐을 명시하고 전체 통지문 링크와 추가 정보를 위한 NatWest 재무부의 연락처를 제공합니다.
NatWest Group plc a informé les détenteurs de ses £300,000,000 Fixed to Fixed Rate Notes (ISIN: XS1795261822) que les Titres seront remboursés le 19 septembre 2025. Le montant total restant dû est de £300,000,000 et le remboursement s'effectuera au pair en vertu de l'option d'achat des Titres, les intérêts courus étant payés jusque, mais non compris, la date de remboursement. L'avis précise que le remboursement est effectué conformément aux termes des Titres et fournit un lien vers l'avis complet ainsi qu'un contact au service Trésorerie de NatWest pour plus d'informations.
NatWest Group plc hat die Inhaber seiner £300.000.000 Fixed to Fixed Rate Notes (ISIN: XS1795261822) darüber informiert, dass die Notes am 19. September 2025 rückgezahlt werden. Der ausstehende Gesamtbetrag beläuft sich auf £300.000.000 und die Rückzahlung erfolgt zum Nennwert (par) gemäß der Call-Option der Notes; die bis, jedoch nicht einschließlich des Rückzahlungstages aufgelaufenen Zinsen werden gezahlt. Die Mitteilung besagt, dass die Rückzahlung gemäß den Bedingungen der Notes erfolgt und enthält einen Link zur vollständigen Mitteilung sowie einen Kontakt der NatWest-Treasury für weitere Informationen.
- Full redemption amount disclosed: The notice specifies the outstanding principal of 300,000,000.
- Redemption at par under contractual call: The issuer is exercising the documented call option (Condition 5(d)).
- Interest mechanics clarified: Accrued interest will be paid to but excluding the redemption date.
- Contact provided: A named treasury contact (Scott Forrest) is given for further information.
- Principal returned to holders: Bondholders will cease to hold the Notes after redemption and will receive principal back at par.
- No discussion of replacement funding or refinancing in the notice (no information provided on post-redemption financing).
Insights
TL;DR: Issuer exercises call to redeem 300m of notes at par, a routine DCM execution with limited market surprise.
The redemption of the Fixed to Fixed Rate Notes (ISIN: XS1795261822) for the full outstanding amount of 300,000,000 at par is consistent with an issuer exercising a contractual call option. The notice confirms payment of accrued interest to but excluding the redemption date and cites the specific condition authorizing the call. For capital markets observers, this is a standard execution of terms already embedded in the securities rather than a covenant change or distressed action.
TL;DR: A deterministic redemption event affecting bondholders' positions, executed under the notes' existing terms.
The communication is a formal notification that the Notes will be redeemed on the specified redemption date at par under Condition 5(d). The notice identifies the outstanding principal amount and confirms the mechanics: redemption at par plus accrued interest to but excluding the redemption date. Contact details for the head of NatWest Treasury are provided for holder inquiries, indicating standard operational follow-up rather than market-impact guidance.
NatWest Group plc ha informato i titolari dei suoi £300,000,000 Fixed to Fixed Rate Notes (ISIN: XS1795261822) che le Obbligazioni saranno rimborsate il 19 settembre 2025. L'intero importo residuo è di £300,000,000 e il rimborso avverrà a valore nominale (par) in conformità all'opzione di call delle Obbligazioni, con gli interessi maturati pagati fino a, ma esclusi, la data di rimborso. L'avviso precisa che il rimborso è effettuato in base ai termini delle Obbligazioni e fornisce un link all'avviso integrale e un contatto della Tesoreria di NatWest per ulteriori informazioni.
NatWest Group plc ha notificado a los tenedores de sus £300.000.000 Fixed to Fixed Rate Notes (ISIN: XS1795261822) que los Bonos se redimirán el 19 de septiembre de 2025. El importe íntegro pendiente es de £300.000.000 y la redención se realizará al valor nominal (par) conforme a la opción de compra de los Bonos, con los intereses devengados pagados hasta, pero sin incluir, la fecha de redención. El aviso indica que la redención se efectúa de acuerdo con los términos de los Bonos y proporciona un enlace al aviso completo y un contacto en Tesorería de NatWest para más información.
NatWest Group plc는 보유자들에게 자사의 £300,000,000 Fixed to Fixed Rate Notes (ISIN: XS1795261822)가 2025년 9월 19일에 상환될 것임을 통지했습니다. 미상환 전액은 £300,000,000이며, 상환은 노트의 콜 옵션에 따라 액면가(파)로 이루어지고 상환일을 제외한 기간까지 발생한 이자는 지급됩니다. 통지문은 상환이 노트 약관에 따라 이루어짐을 명시하고 전체 통지문 링크와 추가 정보를 위한 NatWest 재무부의 연락처를 제공합니다.
NatWest Group plc a informé les détenteurs de ses £300,000,000 Fixed to Fixed Rate Notes (ISIN: XS1795261822) que les Titres seront remboursés le 19 septembre 2025. Le montant total restant dû est de £300,000,000 et le remboursement s'effectuera au pair en vertu de l'option d'achat des Titres, les intérêts courus étant payés jusque, mais non compris, la date de remboursement. L'avis précise que le remboursement est effectué conformément aux termes des Titres et fournit un lien vers l'avis complet ainsi qu'un contact au service Trésorerie de NatWest pour plus d'informations.
NatWest Group plc hat die Inhaber seiner £300.000.000 Fixed to Fixed Rate Notes (ISIN: XS1795261822) darüber informiert, dass die Notes am 19. September 2025 rückgezahlt werden. Der ausstehende Gesamtbetrag beläuft sich auf £300.000.000 und die Rückzahlung erfolgt zum Nennwert (par) gemäß der Call-Option der Notes; die bis, jedoch nicht einschließlich des Rückzahlungstages aufgelaufenen Zinsen werden gezahlt. Die Mitteilung besagt, dass die Rückzahlung gemäß den Bedingungen der Notes erfolgt und enthält einen Link zur vollständigen Mitteilung sowie einen Kontakt der NatWest-Treasury für weitere Informationen.
FAQ
What is being redeemed in NatWest Group plc's notice (NWG)?
When will NatWest redeem the Notes (ISIN: XS1795261822)?
At what price are the Notes being redeemed?
Under what authority are the Notes being redeemed?
Who can bondholders contact for more information?
