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
June 25, 2020
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-
________
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:
The
Royal Bank of Scotland Group plc
25 June 2020
The Royal Bank
of Scotland Group plc ("RBSG") completed the pricing of its USD
1,500,000,000 6.000% Reset Perpetual Subordinated Contingent
Convertible Additional Tier 1 Capital Notes (the
"Notes").
The proceeds
to RBSG (before expenses and underwriting discounts) of USD
1,500,000,000 from the Notes will be used for general corporate
purposes and to strengthen further RBSG's capital base or the
capital base of RBSG's subsidiaries and/or the RBS
Group.
The offering
is scheduled to close on 29 June 2020, subject to the satisfaction
of customary conditions.
RBSG has filed
a registration statement (including a prospectus) with the U.S.
Securities and Exchange Commission (the "SEC") for the offering to
which this communication relates. Investors should read the
prospectus in such registration statement and other documents RBSG
has filed with the SEC for more complete information about RBSG and
this offering. You may get these documents for free by visiting the
SEC web site at www.sec.gov. Alternatively, copies may be
obtained from NatWest Markets Securities Inc., toll free at
1-866-884-2071.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor will there be
any sale of securities in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state or
jurisdiction.
For further
information, please contact:
Scott
Forrest
Head of Debt
Capital Markets and Capital Strategy
The Royal Bank
of Scotland Group plc
Tel:
+44 (0)7747 455969
Legal Entity Identifier: 2138005O9XJIJN4JPN90
Date: 25
June 2020
|
THE
ROYAL BANK OF SCOTLAND GROUP plc (Registrant)
|
|
|
|
By: /s/
Jan Cargill
|
|
|
|
Name:
Jan Cargill
|
|
Title:
Deputy Secretary
|