-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TJauT6Nl29VULIiMNh7WjYvGApjPZWcLZpCFgD4U5JnsEvTccCMVSOGxG78i+9Zk 43ObhZ3Q2oyYRMF/qMhd6A== 0000950103-10-001410.txt : 20100512 0000950103-10-001410.hdr.sgml : 20100512 20100512103710 ACCESSION NUMBER: 0000950103-10-001410 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20100512 DATE AS OF CHANGE: 20100512 GROUP MEMBERS: ROYAL BANK OF SCOTLAND PLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ROYAL BANK OF SCOTLAND PLC CENTRAL INDEX KEY: 0000729153 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-162219-01 FILM NUMBER: 10822971 BUSINESS ADDRESS: STREET 1: P O BOX 31 STREET 2: 42 ST ANDREW SQUARE CITY: EDINBURGH EH2 2YE SCOTLAND STATE: X0 ZIP: 00000 BUSINESS PHONE: 441315568555 MAIL ADDRESS: STREET 1: GOGARBURN STREET 2: PO BOX 100 CITY: EDINBURGH, SCOTLAND STATE: X0 ZIP: EH12 1HQ FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ROYAL BANK OF SCOTLAND GROUP PLC CENTRAL INDEX KEY: 0000844150 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] IRS NUMBER: 000000000 STATE OF INCORPORATION: X0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: GOGARBURN STREET 2: PO BOX 1000 CITY: EDINBURGH, SCOTLAND STATE: X0 ZIP: EH12 1HQ BUSINESS PHONE: 441315568555 MAIL ADDRESS: STREET 1: GOGARBURN STREET 2: PO BOX 1000 CITY: EDINBURGH, SCOTLAND STATE: X0 ZIP: EH12 1HQ FWP 1 dp17598_fwp.htm FWP
 
Free Writing Prospectus dated March 9, 2010
(to Prospectus, dated September 30, 2009 and
Prospectus Supplement, dated March 9, 2010)
Filed Pursuant to Rule 433
Registration Statement No. 333-162219-01
   
 
TERMS AND CONDITIONS
USD 4.875% Senior Notes due March 16, 2015

Issuer
The Royal Bank of Scotland plc
Guarantor
The Royal Bank of Scotland Group plc
Issuer Ratings
Aa3 / A+ / AA- (Moody’s / S&P / Fitch)
Ranking
Senior
Principal Amount
USD 2,000,000,000
Price to the Public
99.768%
Redemption Price
100.0000% of principal amount of the relevant Note
Specified Currency
USD
Trade Date
March 9, 2010
Settlement Date
March 16, 2010, in accordance with DTC’s procedures (T+5)
Maturity
March 16, 2015
Call Option
No
Benchmark
T 2.375% due February 28, 2015
Benchmark Yield
2.328%
Re-Offer Yield
4.928% (semi-annual)
Re-Offer Spread to UST
T+260 bps
Coupon
4.875% (semi-annual)
Day Count
30/360
Convention
Following, unadjusted
Business Days
New York & London
Bookrunner
RBS Securities Inc.
Co-Managers
BNY Mellon Capital Markets, LLC
Citigroup Global Markets Inc.
J.P. Morgan Securities Inc.
KeyBanc Capital Markets Inc.
 
 
 
nabSecurities, LLC
SunTrust Robinson Humphrey, Inc.
U.S. Bancorp Investments, Inc.
Wells Fargo Securities, LLC
Underwriting Discount
0.350%
Interest Payment Period
Semi-Annual
Interest Payment Date(s)
On the 16th day of each September and March, commencing September 16, 2010, up to and including March 16, 2015
Interest Payment Record Date(s)
On the 2nd day of each September and March commencing September 2nd, 2010
Format
SEC-Registered
Denominations
USD $ 100,000 and integral multiples of USD $ 1,000 in excess thereof
Listing
An application will be made to list the notes on the New York Stock Exchange
Clearing and Settlement
DTC and Euroclear/Clearstream
CUSIP / ISIN
78010XAC5 / US78010XAC56

The security ratings above are not a recommendation to buy, sell or hold the securities offered hereby. The ratings may be subject to revision or withdrawal at any time by Moody’s, S&P or Fitch.

The issuer has filed a registration statement (including a base prospectus) with the SEC for the offering to which this free writing prospectus relates.  Before you invest in this offering, you should read the base prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, RBS Securities Inc. will arrange to send you the base prospectus at no charge if you request it by calling 1-866-884-2071.
 
 
 
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