Notice of Substitution (1637813)
May 22 2023 - 02:16AM
UK Regulatory
Metro Bank Holdings PLC (MTRO) Notice of Substitution
22-May-2023 / 08:16 GMT/BST
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Metro Bank PLC
Notice of the substitution of Metro Bank Holdings PLC as the new
principal debtor under the
GBP350,000,000 Fixed Rate Reset Senior Non-Preferred Notes due 8
October 2025
(the "2019 Notes")
ISIN: XS2063492396 Common Code: 206349239
22 May 2023
Metro Bank PLC ("Metro Bank") today gave notice to the holders
of the outstanding 2019 Notes issued by Metro Bank that, pursuant
to Condition 18(c)(ii) of the Terms and Conditions of the 2019
Notes (the "Conditions") set out in Schedule 1 to the Trust Deed
dated 17 September 2019 (as amended and restated or supplemented
from time to time, the " Trust Deed"), with effect on and from 22
May 2023, Metro Bank Holdings PLC ("Metro Bank Holdings") was
substituted as the new principal debtor under the Trust Deed and
the 2019 Notes in the place of Metro Bank.
Accordingly, Metro Bank was released from any and all of its
obligations as principal debtor under the Trust Deed and the 2019
Notes.
Metro Bank has requested the Financial Conduct Authority amend
the listing of all outstanding 2019 Notes.
Copies of the amended and restated terms and conditions of the
2019 Notes and the amended and restated final terms for the 2019
Notes are available on Metro Bank Holdings' website at
https://www.metrobankonline.co.uk/.
For more information, please contact:
Metro Bank PLC Investor Relations
Jo Roberts
+44 (0) 20 3402 8900
IR@metrobank.plc.uk
Metro Bank PLC Media Relations
Mona Patel
+44 (0) 7815 506845
pressoffice@metrobank.plc.uk
No offer of any of the 2019 Notes is being made by Metro Bank
and/or Metro Bank Holdings pursuant to this announcement or
otherwise.
Metro Bank Legal Entity Identifier (LEI) Number:
213800X5WU57YL9GPK89
Metro Bank Holdings Legal Entity Identifier (LEI) Number:
984500CDDEAD6C2EDQ64
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Dissemination of a Regulatory Announcement, transmitted by EQS
Group. The issuer is solely responsible for the content of this
announcement.
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ISIN: GB00BMX3W479
Category Code: MSCM
TIDM: MTRO
LEI Code: 984500CDDEAD6C2EDQ64
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 245178
EQS News ID: 1637813
End of Announcement EQS News Service
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