Issue of Debt - Publication o

RNS Number : 5956O

Lloyds Banking Group PLC

01 July 2010

 



63/10

1 July 2010

LLOYDS BANKING GROUP PLC SENIOR NOTE ISSUE

Lloyds Banking Group plc announces that it has priced an issue of $750,000,000 7.75 per cent. Senior Notes due 2050 (the "Senior Notes") to be issued pursuant to a registration statement filed with the U.S. Securities and Exchange Commission on 28 June 2010.

The principal terms of the Senior Notes are as follows:

Principal Amount of Senior Notes:	US$750,000,000
Issue Date:	6 July 2010
Interest Rate:	7.75 per cent. per annum
Interest Payment Dates:	15 January, 15 April, 15 July and 15 October, in each year, beginning on 15 October 2010
Maturity Date:	15 July 2050
Over-allotment option:	Lloyds Banking Group plc has granted to the Underwriters an over-allotment option for up to a further US$112,500,000 principal amount of Senior Notes, exercisable within 30 days to cover over-allotments, if any. Stabilisation FSA

For further information, please contact:

Media Relations

Tel:      [phone]

Email:  [e-mail]

Investor Relations

Michael Oliver

Director of Investor Relations

Tel:      [phone]

E-mail: [e-mail]

Moira d'Arcy

Head of Debt Investor Relations

Tel:      [phone]

E-mail: moira.d'[e-mail]

Lloyds Banking Group plc

Registered Office

25 Gresham Street

London

EC2V 7HN 

Disclaimer

The offering and the distribution of this announcement and other information in connection with the offer in certain jurisdictions may be restricted by law and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This announcement does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase, any Senior Notes.

Lloyds Banking Group has filed a Registration Statement (including a Prospectus) with the SEC for the offer to which this communication relates. You should read the Prospectus in that Registration Statement and other documents Lloyds Banking Group has filed with the SEC for more complete information about Lloyds Banking Group and this offer. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.

 

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