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IN BRIEF: NatWest announces pricing for tender offer of US notes

ALN

NatWest Group PLC - London-based UK state-backed lender - Announces pricing for cash set of outstanding subordinated tier 2 notes due in 2022 and 2023, which it announced on August 1.

NatWest will purchase the outstanding $1.30 billion in 6.125% notes due 2022 at $1,010.05 per $1,000 and $465.4 million of 6.125% 2023 notes at $1,015.73.

$1.40 billion of 6.000% notes due 2023 are priced at $1,019.74, while outstanding $1.24 billion of 5.125%notes due 2024 are priced at $1,007.51 per $1,000.

Finally, $2.65 billion of 3.875% notes due 2023 are priced at $998.85 per $1,000.

Current stock price: 254.80 pence, up 0.3% on Tuesday

12-month change: up 17%

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