NatWest Group (NYSE: NWG) calls $1.5B 1.642% notes due 2027

Rhea-AI Filing Summary

NatWest Group plc has elected to redeem all of its $1,500,000,000 1.642% Senior Callable Fixed-to-Fixed Reset Rate Notes due 2027. The company will redeem the notes in full on 14 June 2026 in accordance with Section 11.09 of the governing Indenture.

Key Figures

Notes principal amount: $1,500,000,000 Coupon rate: 1.642% Scheduled maturity: 2027 +3 more

6 metrics

Notes principal amount $1,500,000,000 Outstanding principal of Senior Notes being redeemed

Coupon rate 1.642% Interest rate on Senior Callable Fixed-to-Fixed Reset Rate Notes

Scheduled maturity 2027 Original maturity year of the notes

Redemption date 14 June 2026 Date on which all outstanding notes will be redeemed

Indenture date 13 December 2017 Date of Amended and Restated Indenture governing the notes

Supplemental Indenture date 14 June 2021 Date of Eighth Supplemental Indenture

Key Terms

Senior Callable Fixed-to-Fixed Reset Rate Notes, Indenture, Eighth Supplemental Indenture, Legal Entity Identifier

4 terms

Senior Callable Fixed-to-Fixed Reset Rate Notes financial

"the $1,500,000,000 1.642% Senior Callable Fixed-to-Fixed Reset Rate Notes due 2027"

Indenture regulatory

"issued by the Company pursuant to the Amended and Restated Indenture dated 13 December 2017"

An indenture is a legal agreement between a company that borrows money by issuing bonds and the people who buy those bonds. It explains the rules the company must follow, like paying back the money and keeping certain financial promises. This document helps both sides understand their rights and responsibilities.

Eighth Supplemental Indenture regulatory

"as amended and supplemented by the Eighth Supplemental Indenture dated 14 June 2021"

Legal Entity Identifier regulatory

"Legal Entity Identifier | -------------------------- NatWest Group plc | 2138005O9XJIJN4JPN90"

A legal entity identifier (LEI) is a unique, standardized code that functions like a global ID card for businesses and organizations involved in financial markets. It helps investors and regulators reliably identify who is on the other side of a deal, trace ownership and links between firms, and reduce confusion or fraud — improving transparency for reporting, risk assessment, and cross-border trades.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

April, 2026

Commission File Number 001-10306

NatWest Group plc

250 Bishopsgate,

London, EC2M 4AA

United Kingdom

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

The following information was issued as Company announcements in London, England and is furnished pursuant to General Instruction B to the General Instructions to Form 6-K:

NatWest Group plc

17 April 2026

Notice of Redemption

NatWest Group plc (the "Company")

The Company hereby gives notice to holders of the $1,500,000,000 1.642% Senior Callable Fixed-to-Fixed Reset Rate Notes due 2027, issued by the Company pursuant to the Amended and Restated Indenture dated 13 December 2017, as amended and supplemented by the Eighth Supplemental Indenture dated 14 June  2021 (together, the "Indenture") (ISIN: US639057AC29; CUSIP: 639057AC2) (the "Notes"), of the upcoming redemption of all of the outstanding Notes on 14 June 2026. The amount currently outstanding of the Notes is $1,500,000,000.  

The Company has elected to redeem the Notes on 14 June 2026 in accordance with the Indenture. The Notes are being redeemed pursuant to Section 11.09 of the Indenture.

To view the notice, please click on the link below.

http://www.rns-pdf.londonstockexchange.com/rns/9927A_1-2026-4-17.pdf

For further information, please contact:

Scott Forrest

Head of NatWest Treasury DCM

Tel: +44 (0)7747 455969

Legal Entity Identifier
NatWest Group plc	2138005O9XJIJN4JPN90

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

			NatWest Group plc (Registrant)
Date:	17 April 2026			By:	/s/ Mark Stevens
				Name:	Mark Stevens
				Title:	Assistant Secretary

FAQ

What did NatWest Group plc (NWG) announce in this 6-K filing?

NatWest Group plc announced it will redeem all of its $1,500,000,000 1.642% Senior Callable Fixed-to-Fixed Reset Rate Notes due 2027 on 14 June 2026. The redemption is being carried out under Section 11.09 of the applicable Indenture.

What is the size of the NatWest Group (NWG) notes being redeemed?

NatWest Group plc is redeeming notes with an outstanding principal amount of $1,500,000,000. These are 1.642% Senior Callable Fixed-to-Fixed Reset Rate Notes due 2027, issued under an Amended and Restated Indenture dated 13 December 2017 and supplemented in June 2021.

When will NatWest Group (NWG) redeem its 1.642% notes?

NatWest Group plc will redeem all outstanding 1.642% Senior Callable Fixed-to-Fixed Reset Rate Notes due 2027 on 14 June 2026. The company has formally given notice to noteholders that this redemption will occur in line with the Indenture terms.

What type of security is NatWest Group (NWG) redeeming?

NatWest Group plc is redeeming its 1.642% Senior Callable Fixed-to-Fixed Reset Rate Notes due 2027. These are senior notes issued under an Amended and Restated Indenture, later supplemented by an Eighth Supplemental Indenture dated 14 June 2021.

Under what legal document is NatWest Group (NWG) redeeming these notes?

The redemption is being executed under the Amended and Restated Indenture dated 13 December 2017, as supplemented by the Eighth Supplemental Indenture dated 14 June 2021. NatWest is acting pursuant to Section 11.09 of this combined Indenture structure.