Format: Funding Agreement-Backed Notes, Reg S Category 3 (Registered, NSS)
Size: £ Benchmark
Maturity: 15-Dec-32
Initial Price Thoughts: Mid-UKT+95bps area
Coupon: Semi-annual, Fixed Rate, Act/Act, Short first coupon
Benchmark Security: UKT 4.250% due 07-Jun-32
Docs: This announcement must be read in conjunction with the U.S. $40,000,000,000 Global Note Issuance Program Offering Circular, dated 05-Dec-25, as supplemented by the First Offering Circular Supplement, dated 11-Mar-26, the Second Offering Circular Supplement, dated 13-May-26, the Third Offering Circular Supplement, dated 12-Aug-26 and the corresponding Pricing Supplement dated 17-Aug-26, when available.
MiFID II Product Governance: Manufacturer target market (MiFID II product governance) is eligible counterparties and professional clients only (all distribution channels)
UK MiFIR Product Governance: Manufacturer target market (UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels)
PRIIPs: No EU PRIIPs key information document (KID) or UK PRIIPs KID or UK CCI product summary has been prepared as not available to retail in the EEA or in the UK