NatWest Group plc has successfully priced its USD 1,000,000,000 8.125% Reset Perpetual Subordinated Contingent Convertible Additional Tier 1 Notes. The proceeds from the offering will be utilized for general corporate purposes and to further strengthen the capital base of NatWest Group or its subsidiaries and/or the NWG Group. The offering is expected to close on 10 May 2024, subject to customary conditions.

The company has filed a registration statement with the U.S. Securities and Exchange Commission for the offering. Investors are advised to review the prospectus and other filed documents for comprehensive information about NatWest Group and the offering. These documents can be obtained for free from the SEC website or NatWest Markets Securities Inc.

It's important to note that this press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Additionally, there will be no sale of securities in any state or jurisdiction where 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, interested parties can contact Scott Forrest, Head of NatWest Treasury DCM at NatWest Group plc.