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OneSavings Bank plc - Interest Rate reset on the £22,000,000 Perpetual Subordinated Bonds

LEI: 213800WTQKOQI8ELD692 OneSavings Bank plc (the “Company”) Interest Rate reset on the £22,000,000 Perpetual Subordinated Bonds (the "Bonds") Key points: In accordance with the terms of the Bonds, the interest rate payable on the Bonds is subject to a resetting process from time to time, with the next reset becoming effective from and including 7 March 2021.Following the procedure set out in the terms of the Bonds, the interest rate has today been reset by the Company’s appointed Agent Bank, Peel Hunt LLP ("Peel Hunt").The revised rate of interest which shall be payable from and including 7 March 2021 is 3.4323%This rate will remain the effective rate payable on the Bonds until the next reset of interest rate, which is due to take effect on 7 March 2026. Interest Rate Reset The Company today announces the result of the interest resetting process applicable to its £22,000,000 Perpetual Subordinated Bonds. Under the terms of the Bonds, ....

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