NatWest Group Announces Redemption of $1.5B Securities
Ticker: RBSPF · Form: 6-K · Filed: Oct 22, 2025 · CIK: 844150
| Field | Detail |
|---|---|
| Company | Natwest Group PLC (RBSPF) |
| Form Type | 6-K |
| Filed Date | Oct 22, 2025 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1,500,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: redemption, debt, securities
Related Tickers: NWG
TL;DR
NatWest is calling back $1.5B in perpetual bonds on Oct 22, 2025.
AI Summary
NatWest Group plc announced on October 22, 2025, a notice of redemption for its $1,500,000,000 aggregate principal amount of its 4.125% Fixed Rate Resetting Perpetual Contingent Convertible Securities.
Why It Matters
This redemption impacts holders of the specified securities and signals a potential shift in NatWest's capital structure or financing strategy.
Risk Assessment
Risk Level: low — The filing is a standard notice of redemption for a specific financial instrument and does not indicate new or unusual risks.
Key Numbers
- $1.5B — Securities Redemption (Aggregate principal amount of 4.125% Fixed Rate Resetting Perpetual Contingent Convertible Securities being redeemed.)
Key Players & Entities
- NatWest Group plc (company) — Filer of the report and issuer of the securities
- $1,500,000,000 (dollar_amount) — Aggregate principal amount of securities to be redeemed
- 4.125% Fixed Rate Resetting Perpetual Contingent Convertible Securities (security) — The specific financial instrument being redeemed
- October 22, 2025 (date) — Date of the notice of redemption
FAQ
What is the specific reason for the redemption of the $1,500,000,000 securities?
The filing does not specify the reason for the redemption, only that notice is being given to holders.
What is the exact date the redemption will take effect?
The notice of redemption was issued on October 22, 2025, and the filing implies this is the effective date or the date from which redemption is being announced.
Who is the intended recipient of this notice?
The notice is intended for holders of the $1,500,000,000 aggregate principal amount of NatWest Group plc's 4.125% Fixed Rate Resetting Perpetual Contingent Convertible Securities.
What is the ticker symbol for NatWest Group plc?
The filing does not explicitly state the ticker symbol, but it is a foreign private issuer filing with the SEC.
What is the former name of NatWest Group plc mentioned in the filing?
The former name of NatWest Group plc was ROYAL BANK OF SCOTLAND GROUP PLC, with a date of name change of 19950712.
Filing Stats: 398 words · 2 min read · ~1 pages · Grade level 12.2 · Accepted 2025-10-22 09:50:32
Key Financial Figures
- $1,500,000,000 — y gives notice to holders of the   $1,500,000,000 7.472% Senior Callable Fixed-to-Fixed R
Filing Documents
- a3968e.htm (6-K) — 23KB
- 0001654954-25-012048.txt ( ) — 24KB
From the Filing
OF REDEMPTION a3968e   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   October, 2025   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 22 October 2025   Notice of Redemption   NatWest Group plc (the "Company")   The Company hereby gives notice to holders of the   $1,500,000,000 7.472% Senior Callable Fixed-to-Fixed Reset Rate Notes due 2026   issued by the Company pursuant to the Amended and Restated Indenture dated 13 December 2017 as amended and supplemented by the Tenth Supplemental Indenture dated 10 November 2022 (together, the " Indenture ") (ISIN:   US639057AG33; CUSIP:   639057AG3) (the " Notes ")   of the upcoming redemption of all of the outstanding Notes on 10 November 2025. The amount currently outstanding of the Notes is   $1,500,000,000.     The Company has elected to redeem the Notes on 10 November 2025 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/3966E_1-2025-10-22.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: 22 October 2025     By: /s/ Mark Stevens                         Name: Mark Stevens           Title: Assistant Secretary