Capital/Financing Update • Jun 9, 2015
Capital/Financing Update
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RNS Number : 6804P
Santander UK Plc
09 June 2015
Santander UK plc Announces Results of US Dollar Tender Offer
June 9, 2015
Santander UK plc (the "Company") announces the results of its offer (the "Offer") to holders of the 8.963% Non-Cumulative Trust Preferred Securities issued by Abbey National Capital Trust I (the "Securities") to purchase for cash any and all such Securities, as further described in the offer to purchase dated May 28, 2015 (the "Offer to Purchase"). Barclays, BofA Merrill Lynch, Morgan Stanley, Santander and UBS acted as the Dealer Managers for the Offer. Capitalized terms used herein but not otherwise defined have the meanings given in the Offer to Purchase.
The following table sets forth the aggregate liquidation preference of Securities validly tendered and not validly withdrawn as of 5:00 p.m., New York City time, on June 8, 2015.
| Title of Security | ISIN/CUSIP Numbers | Aggregate Liquidation Preference Outstanding | Aggregate Liquidation Preference Tendered | Tender Offer Consideration Per US$1,000 Liquidation Preference(1) |
|---|---|---|---|---|
| 8.963% Non-Cumulative Trust Preferred Securities issued by Abbey National Capital Trust I | US002927AA95/ 002927AA9 |
US$181,912,000 | US$78,334,000 | US$1,350 |
________________
(1) Does not include accrued but unpaid distributions, which will be paid in addition to the Tender Offer Consideration.
All such tendered Securities have been accepted for purchase. The Offer is expected to settle on June 11, 2015. For more information, please contact Lucid Issuer Services Limited, the tender and information agent for the Offer, at +44 207 704 0880 or [email protected].
Disclaimer
This announcement does not constitute an invitation to participate in the offer.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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