Pricing announcement

RNS Number : 2102S

Royal Bank of Scotland Group PLC

28 November 2012

 



28 November 2012

The Royal Bank of Scotland Group plc ("RBSG") has completed the pricing of its 10-year, USD 2,250,000,000 aggregate principal amount of 6.125% Subordinated Tier 2 Notes due December 15, 2022.

The proceeds to RBSG (before expenses and underwriting discounts) of approximately USD 2,248,267,500 will be used for general corporate purposes.

The offering is scheduled to close on 4 December 2012 subject to satisfaction of customary conditions.

RBSG 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 RBSG has filed with the SEC for more complete information about RBSG and this offering. You may get these documents for free by visiting the SEC web site at www.sec.gov.  Alternatively, copies may be obtained from RBS Securities Inc., toll free at 1-866-884-2071.

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:

RBS Group Investor Relations
Greg Case, Debt Investor Relations
Tel. [phone]

 

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