Notice of Cancellation of Covered Bonds
Summary by AI BETAClose X
Clydesdale Bank PLC
(the Bank)
LEI: NHXOBHMY8K53VRC7MZ54
25 March 2026
NOTICE OF CANCELLATION OF COVERED BONDS
to the holders of those of the
£500,000,000 Series 6 Floating Rate Covered Bonds due June 2028
(ISIN: XS2643790590; Common Code: 264379059)
(the Series 6 Covered Bonds)
£3,750,000,000 Series 10 Floating Rate Covered Bonds due June 2035
(ISIN: XS3095269539; Common Code: 309526953)
(the Series 10 Covered Bonds)
issued by the Bank presently outstanding
under the Bank's €15 billion (at the time of issuance of the Series 6 Covered Bonds, €10 billion) Global Covered Bond Programme
irrevocably and unconditionally guaranteed as to payment of principal and interest by
Eagle Place Covered Bonds LLP
NOTICE IS HEREBY GIVEN to the holders of the above Covered Bonds that in accordance with Conditions 7(f) (Purchases) and 7(g) (Cancellation), the Bank has on 25 March 2026 cancelled £500,000,000 of the Series 6 Covered Bonds and £3,750,000,000 of the Series 10 it owns (together, the Cancelled Covered Bonds) and has surrendered to the Principal Paying Agent the Cancelled Covered Bonds for cancellation.
Capitalised terms used but not defined in this Notice shall have the meanings given to them in the Terms and Conditions of the Covered Bonds and in the Final Terms of the Series 6 Covered Bonds dated 28 June 2023 and the Terms and Conditions of the Covered Bonds and in the Final Terms of the Series 10 Covered Bonds dated 11 June 2025.
For further information, please contact:
Vikas Sidhu
Head of Investor Relations and Treasury Sustainability
Telephone: +44 (0) 7738 273287
Email: Vikas.Sidhu@nationwide.co.uk
DISCLAIMER - INTENDED ADDRESSEES
Please note that the information contained in this Notice and the terms of the Covered Bonds to which it relates may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Notice and the terms of the Covered Bonds to which it relates) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the information is not addressed. Prior to relying on the information contained in this Notice and the terms of the Covered Bonds to which it relates you must ascertain from the Notice or the Covered Bonds to which it relates whether or not you are part of the intended addressees of the information contained therein.
Your right to access this service is conditional upon complying with the above requirement.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
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