Business
Results of Tender Offers
Results of Tender Offers.
About this update from Natwest Group Plc
[{"type":"text","content":"\n \n \n \n \n \n ,\n \n \n \n \n \n \n \n August 9, 2022\n \n \n \n \n \n \n \n NATWEST GROUP PLC AND NATWEST MARKETS N.V.\n \n \n -\n \n \n RESULTS OF SEPARATE\n \n \n CASH\n \n \n TENDER\n \n \n OFFERS\n \n \n FOR\n \n \n CERTAIN OF THEIR RESPECTIVE OUTSTANDING\n \n \n NOTES\n \n \n \n \n \n \n \n NatWest Group plc (\"NatWest Group\") and NatWest Markets N.V. (\"NWM N.V.\") (each an \"Offeror\" and, together, the \"Offerors\") are each today announcing the results of their previously announced separate cash tender offers (with respect to the tender offers launched by NatWest Group, the \"NatWest Group Offer\", and with respect to the tender offers launched by NWM N.V., the \"NWM N.V. Offer\", each an \"Offer\") in respect of any and all of certain series of their respective U.S. dollar denominated notes set out in the table below (collectively, the \"Notes\").\n The NatWest Group Offer was made on the terms and subject to the conditions set out in NatWest Group's offer to purchase dated August 1, 2022 and the related Notice of Guaranteed Delivery (the \"NatWest Group Offer to Purchase\"). The NWM N.V. Offer was made on the terms and subject to the conditions set out in NWM N.V.'s offer to purchase dated August 1, 2022 and the related Notice of Guaranteed Delivery (the \"NWM N.V. Offer to Purchase\" and, together with the NatWest Group Offer to Purchase, the \"Offers to Purchase\"). Capitalized termswith respect to the NatWest Group Offer not otherwise defined in this announcement have the same meaning as in the NatWest Group Offer to Purchase. Capitalized terms with respect to the NWM N.V. Offer not otherwise defined in this announcement have the same meaning as in the NWM N.V. Offer to Purchase.\n \n Results for the NatWest Group Offer\n \n With respect to the NatWest Group Offer, the Tender Agent informed NatWest Group that $3,395,689,000 in aggregate principal amount of its Notes were validly tendered and not validly withdrawn by 5:00 p.m., New York City time, on August 8, 2022 (the \"Expiration Deadline\"), as more fully set forth in the table below. NatWest Group has accepted all Notes that were validly tendered and not validly withdrawn prior to the Expiration Deadline. In addition, $6,098,000 in aggregate principal amount of the Notes were tendered in the NatWest Group Offer using the Guaranteed...