0000950103-16-013381.txt : 20160517 0000950103-16-013381.hdr.sgml : 20160517 20160517060134 ACCESSION NUMBER: 0000950103-16-013381 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20160517 FILED AS OF DATE: 20160517 DATE AS OF CHANGE: 20160517 FILER: 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: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10306 FILM NUMBER: 161656015 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 6-K 1 dp65739_6k.htm FORM 6-K

 

FORM 6-K

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

 

For May 17, 2016

 

Commission File Number: 001-10306

 

The Royal Bank of Scotland Group plc

 

RBS, Gogarburn, PO Box 1000

Edinburgh EH12 1HQ

 

________________________________________________

 

(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 __X__        Form 40-F _____

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):            

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):            

 

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes _____       No __X__

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _____

  

 

 

 

 

 

Notices of Redemption

 

RBS Capital Funding Trust V (“Trust V”)
and
RBS Capital Funding Trust VI (“Trust VI”)
and
RBS Capital Funding Trust VII (“Trust VII”)
(collectively, the “Issuers”)

 

The holders of the following securities (the “Securities”) have been notified by the Issuers of the upcoming redemption of the Securities on 13 June 2016:

 

A.the U.S.$1,285,000,000 5.90% Non-Cumulative Guaranteed Trust Preferred Securities issued by Trust V pursuant to the Amended and Restated Trust Agreement dated 3 July 2003 of Trust V (ISIN Code: US74928K2087);

 

B.the U.S.$200,000,000 6.25% Non-Cumulative Guaranteed Trust Preferred Securities issued by Trust VI pursuant to the Amended and Restated Trust Agreement dated 30 September 2003 of Trust VI (ISIN Code: US74928M2044); and

 

C.the U.S.$1,800,000,000 6.08% Non-Cumulative Guaranteed Trust Preferred Securities issued by Trust VII pursuant to the Amended and Restated Trust Agreement dated 18 February 2004 of Trust VII (ISIN Code: US74928P2074).

 

The Issuers have sent the notices to the holders pursuant to the terms of the Securities, copies of which are attached as exhibits to this announcement.

 

For further information, please contact:

 

RBS Investor Relations:

Matthew Richardson

Head of Fixed Income Investor Relations

+44 20 7678 1800

 

 

 

 

 

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 authorised.

 

 

 

 

 

THE ROYAL BANK OF SCOTLAND GROUP plc

(Registrant)

 

Date: May 17, 2016   By /s/ Mark Stevens
        Name: Mark Stevens
        Title: Assistant Secretary

 

 

 

 

 

 

INDEX TO EXHIBITS

 

Exhibit

 

99.1 Redemption/Distribution Notice RBS Capital Funding Trust V

99.2 Redemption/Distribution Notice RBS Capital Funding Trust VI

99.3 Redemption/Distribution Notice RBS Capital Funding Trust VII

 

 

 

 

 

 

 

 

 EX-99.1 2 dp65739_ex9901.htm EXHIBIT 99.1

Exhibit 99.1

 

 

RBS CAPITAL FUNDING TRUST V

 

(the “Trust”)

 

REDEMPTION/DISTRIBUTION NOTICE

 

To the Holders of

 

U.S.$1,285,000,000 5.90% Non-Cumulative Guaranteed Trust Preferred Securities

 

(the “Trust Preferred Securities”)
ISIN: US74928K2087*
Common Code: 74928K208*

 

IRREVOCABLE NOTICE IS HEREBY GIVEN on the date hereof (the “Redemption Notice Date”) pursuant to Sections 8.03 and 8.04 of the Amended and Restated Trust Agreement of the Trust dated July 3, 2003 (the “Trust Agreement”) that all of the outstanding Trust Preferred Securities issued by the Trust shall be redeemed by the Trust on June 13, 2016 (the “Redemption Date”) at a price equal to U.S.$25.00 per Trust Preferred Security plus an amount equal to accumulated and unpaid Distributions, plus Additional Amounts, if any, or such lesser amount as shall be received by the Trust in respect of the Company Preferred Securities to be redeemed on the Redemption Date. The Redemption Record Date is June 10, 2016. The Trust Preferred Securities will be redeemed in accordance with the terms of Section 8.04 of the Trust Agreement and the applicable procedures of DTC.

 

NOTICE IS HEREBY FURTHER GIVEN that the Trust Preferred Securities shall cease to accrue Distributions or bear interest after the Redemption Date, unless the Redemption Price in respect of the Trust Preferred Securities is improperly withheld or refused and not paid in full on that date, in which case Distributions will continue to accrue pursuant to the terms of the Trust Agreement.

 

Terms used but not defined herein shall have the meaning given to them in the Trust Agreement.

 

Dated: May 13, 2016

 

 

___________________

* Neither the Trust nor the Trustee makes any representation as to the accuracy of the ISIN and Common Code numbers, which are provided for convenient reference only.

 

 

 

 

 

 

RBS CAPITAL TRUST V

 

 

By /s/ Alexander Alam
  Name: Alexander Alam
  Title: Regular Trustee

 

 

By /s/ Rooney Coleman
  Name: Rooney Coleman
  Title: Regular Trustee

 

 

 

 

 

 

 

Signature Page to the Trust Preferred Securities Redemption Notice

 

 

 EX-99.2 3 dp65739_ex9902.htm EXHIBIT 99.2

Exhibit 99.2

 

 

RBS CAPITAL FUNDING TRUST VI

 

(the “Trust”)

 

REDEMPTION/DISTRIBUTION NOTICE

 

To the Holders of

 

U.S.$200,000,000 6.25% Non-Cumulative Guaranteed Trust Preferred Securities

 

(the “Trust Preferred Securities”)
ISIN: US74928M2044*
Common Code: 74928M204*

 

IRREVOCABLE NOTICE IS HEREBY GIVEN on the date hereof (the “Redemption Notice Date”) pursuant to Sections 8.03 and 8.04 of the Amended and Restated Trust Agreement of the Trust dated September 30, 2003 (the “Trust Agreement”) that all of the outstanding Trust Preferred Securities issued by the Trust shall be redeemed by the Trust on June 13, 2016 (the “Redemption Date”) at a price equal to U.S.$25.00 per Trust Preferred Security plus an amount equal to accumulated and unpaid Distributions, plus Additional Amounts, if any, or such lesser amount as shall be received by the Trust in respect of the Company Preferred Securities to be redeemed on the Redemption Date. The Redemption Record Date is June 10, 2016. The Trust Preferred Securities will be redeemed in accordance with the terms of Section 8.04 of the Trust Agreement and the applicable procedures of DTC.

 

NOTICE IS HEREBY FURTHER GIVEN that the Trust Preferred Securities shall cease to accrue Distributions or bear interest after the Redemption Date, unless the Redemption Price in respect of the Trust Preferred Securities is improperly withheld or refused and not paid in full on that date, in which case Distributions will continue to accrue pursuant to the terms of the Trust Agreement.

 

Terms used but not defined herein shall have the meaning given to them in the Trust Agreement.

 

Dated: May 13, 2016

 

 

_____________________

*Neither the Trust nor the Trustee makes any representation as to the accuracy of the ISIN and Common Code numbers, which are provided for convenient reference only.

 

 

 

 

 

RBS CAPITAL TRUST VI

 

By /s/ Alexander Alam
  Name: Alexander Alam
  Title: Regular Trustee

 

 

By /s/ Rooney Coleman
  Name: Rooney Coleman
  Title: Regular Trustee

 

 

 

 

 

 

 

Signature Page to the Trust Preferred Securities Redemption Notice 

 

 

 

 EX-99.3 4 dp65739_ex9903.htm EXHIBIT 99.3

Exhibit 99.3

 

 

RBS CAPITAL FUNDING TRUST VII

 

(the “Trust”)

 

REDEMPTION/DISTRIBUTION NOTICE

 

To the Holders of

 

U.S.$1,800,000,000 6.08% Non-Cumulative Guaranteed Trust Preferred Securities

 

(the “Trust Preferred Securities”)
ISIN: US74928P2074*
Common Code: 74928P207*

 

IRREVOCABLE NOTICE IS HEREBY GIVEN on the date hereof (the “Redemption Notice Date”) pursuant to Sections 8.03 and 8.04 of the Amended and Restated Trust Agreement of the Trust dated February 18, 2004 (the “Trust Agreement”) that all of the outstanding Trust Preferred Securities issued by the Trust shall be redeemed by the Trust on June 13, 2016 (the “Redemption Date”) at a price equal to U.S.$25.00 per Trust Preferred Security plus an amount equal to accumulated and unpaid Distributions, plus Additional Amounts, if any, or such lesser amount as shall be received by the Trust in respect of the Company Preferred Securities to be redeemed on the Redemption Date. The Redemption Record Date is June 10, 2016. The Trust Preferred Securities will be redeemed in accordance with the terms of Section 8.04 of the Trust Agreement and the applicable procedures of DTC.

 

NOTICE IS HEREBY FURTHER GIVEN that the Trust Preferred Securities shall cease to accrue Distributions or bear interest after the Redemption Date, unless the Redemption Price in respect of the Trust Preferred Securities is improperly withheld or refused and not paid in full on that date, in which case Distributions will continue to accrue pursuant to the terms of the Trust Agreement.

 

Terms used but not defined herein shall have the meaning given to them in the Trust Agreement.

 

Dated: May 13, 2016

 

 

________________________

*Neither the Trust nor the Trustee makes any representation as to the accuracy of the ISIN and Common Code numbers, which are provided for convenient reference only.

 

 

 

 

 

 

RBS CAPITAL TRUST VII

 

By /s/ Alexander Alam
  Name: Alexander Alam
  Title: Regular Trustee

 

 

By /s/ Rooney Coleman
  Name: Rooney Coleman
  Title: Regular Trustee

 

 

 

 

 

 

 

Signature Page to the Trust Preferred Securities Redemption Notice