21 March
2024
NOTICE TO COVERED
BONDHOLDERS
COVENTRY BUILDING
SOCIETY (the
Issuer)
£850,000,000 Series 12 Floating Rate
Covered Bonds due April 2024
(the Series 12 Covered Bonds)
(ISIN: XS2149428109; Common Code:
214942810)
issued by the Issuer (together, the
Series 12 Covered Bonds and
the holders thereof the Covered Bondholders) constituted by a Trust
Deed dated 17 July 2008 (as the same may be amended or supplemented
from time to time) and made between the Issuer, Coventry Building
Society Covered Bonds LLP (the LLP) and HSBC Corporate Trustee Company
(UK) Limited (the Bond
Trustee and the Security
Trustee), and issued under the €7 billion Global Covered
Bond Programme irrevocably and unconditionally guaranteed as to
payment of principal and interest by Coventry Building Society
Covered Bonds LLP (the Programme)
Publication of Amended Final
Terms
Terms used and not defined herein
have the same meanings given thereto in the Prospectus issued by
the above-named Issuer and dated 22 November 2019.
The following amendments (as approved by the
Series 12 Covered Bondholders on 21 March 2024, by way of Written
Resolution) are made to the Conditions set out in the Final Terms
dated 1 April 2020, as amended and restated on 21 March 2024 in
respect of the Series 12 Covered Bonds under the
Programme:
1. Part A -
Contractual Terms, Item 9(i) (Final Maturity Date) is amended to
"Interest Payment Date falling in or nearest to April
2026";
2. Part A -
Contractual Terms, Item 9(ii) (Extended Due for Payment Date of
Guaranteed Amounts corresponding to the Final Redemption Amount
under the Covered Bond Guarantee) is amended to" Interest Payment
Date falling in or nearest to April 2027";
3.
Part A - Contractual Terms, Item 10 (Interest Basis) is amended to
"SONIA +0.80 per cent. Floating
Rate from and including the Issue Date to
but excluding 2 April 2024
From and including 2 April 2024,
SONIA +0.50
per cent. Floating Rate";
4. Part A - Contractual
Terms, Item 12 (Change of Interest Basis or Redemption/Payment
Basis - Interest Basis) is amended to "Interest Basis: SONIA +0.50
per cent. Floating Rate"; and
5.
Part A - Contractual Terms, Item 16(viii) (Margin(s)) is amended
to" SONIA +0.80 per cent. Floating
Rate from and including the Issue Date to
but excluding 2 April 2024
From and including 2 April
2024, +0.50 per cent. per
annum".
These changes were effective 21
March 2024.
To view the amended Final Terms,
please paste the following URL into the address bar of your
browser:
http://www.rns-pdf.londonstockexchange.com/rns/8483H_1-2024-3-21.pdf
Further information
For further information, please
email:
media@thecoventry.co.uk
DISCLAIMER - INTENDED ADDRESSEES
Please note that the information
contained in the Final Terms may be addressed to and/or targeted at
persons who are residents of particular countries (specified in the
Final Terms) only and is not intended for use and should not be
relied upon by any person outside these countries and/or to whom
the offer contained in the Final Terms is not addressed.
Prior to relying on the information contained in the Final Terms
you must ascertain from the Final Terms whether or not you are part
of the intended addressees of the information contained
therein.
In particular, the Final Terms does
not constitute an offer of securities for sale in the United
States. This is not for distribution in the United
States. The securities described herein have not been, and
will not be, registered under the U.S. Securities Act of 1933, as
amended (the Securities Act), or under any relevant securities laws
of any state of the United States of America and are subject to
U.S. tax law requirements. Subject to certain exceptions, the
securities may not be offered or sold within the United States or
to, or for the account or benefit of, U.S. persons or to persons
within the United States of America, as such terms are defined in
Regulation S under the Securities Act. There will be no
public offering of the securities in the United States.
Your right to access this service is
conditional upon complying with the above requirement.