Obligation Lloyd's Banking plc 1.658% ( XS1350853831 ) en EUR

Lloyd's Banking plc

100 % ⇌

Royaume-uni

XS1350853831 ( en EUR )

1.658% par an ( paiement annuel )

28/01/2036 - Obligation échue

Prospectus brochure de l'obligation Lloyds Bank PLC XS1350853831 en EUR 1.658%, échue

100 000 EUR

50 000 000 EUR

Lloyds Banking Group plc est une banque de détail et commerciale britannique, l'un des plus grands prêteurs du Royaume-Uni, offrant une gamme de services financiers incluant les comptes bancaires personnels et commerciaux, les prêts hypothécaires, les investissements et les assurances.

L'obligation Lloyds Bank PLC (XS1350853831), émise au Royaume-Uni pour un montant total de 50 000 000 EUR, avec un taux d'intérêt de 1,658%, une taille minimale d'achat de 100 000 EUR, une maturité au 28/01/2036 et une fréquence de paiement annuelle, a atteint sa maturité et a été intégralement remboursée à son prix nominal de 100%.

FINAL TERMS
27 January 2016
Lloyds Bank plc
Issue of Regulated 50,000,000 Series 2016-5 1.658 per cent. Fixed Rate Covered Bonds due January 2036
irrevocably and unconditionally guaranteed as to payment of principal and interest by
Lloyds Bank Covered Bonds LLP
under the 60 billion
Global Covered Bond Programme
PART A -- CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Terms and Conditions (the Terms and
Conditions) set forth in the Prospectus dated 19 June 2015 and the supplemental Prospectus dated 12 August 2015 and
6 November 2015 which constitutes a base prospectus for the purposes of the Prospectus Directive (Directive
2003/71/EC) (as amended, which includes the amendments made by Directive 2010/73/EU to the effect that such
amendments have been implemented in a relevant Member State) (the Prospectus Directive). This document
constitutes the Final Terms of the Covered Bonds described herein for the purposes of Article 5.4 of the Prospectus
Directive and must be read in conjunction with such Prospectus. Full information on the Issuer, the LLP and the offer
of the Covered Bonds is only available on the basis of the combination of these Final Terms and the Prospectus. The
Prospectus is available for viewing at Lloyds Bank plc, 25 Gresham Street, London EC2V 7HN and
www.lloydsbankinggroup.com and copies may be obtained during normal business hours from Lloyds Bank plc,
25 Gresham Street, London EC2V 7HN.

1.
(i)
Issuer:
Lloyds Bank plc
(ii)
LLP:
Lloyds Bank Covered Bonds LLP
2.
(i)
Series Number:
2016-5
(ii)
Tranche Number:
1
(iii)
Series which Covered Bonds will be
Not Applicable
consolidated and form a single Series
with:
(iv)
Date on which the Covered Bonds will
Not Applicable
be consolidated and form a single Series

with the Series specified above;
3.
Specified Currency or Currencies:
Euro ()
4.
Aggregate Amount of Covered Bonds to be
50,000,000
issued:
5.
Aggregate Nominal Amount of Covered Bonds

admitted to trading:
(i)
Series:
50,000,000
(ii)
Tranche:
50,000,000
6.
Issue Price:
100.00 per cent. of the aggregate nominal amount
7.
(i)
Specified Denominations:
100,000 and integral multiples of 1,000 in excess
thereof up to and including 199,000. No Covered Bonds

in definitive form will be issued with a denomination
above 199,000
(ii)
Calculation Amount:
1,000
8.
(i)
Issue Date:
28 January 2016

0011002-0001165 ICM:23512872.4
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(ii)
Interest Commencement Date:
Issue Date
9.
(i)
Final Maturity Date:
28 January 2036

(ii)
Extended Due for Payment Date of
28 January 2037
Guaranteed Amounts corresponding to
the Final Redemption Amount under the
Covered Bond Guarantee:
10.
Interest Basis:
1.658 per cent. Fixed Rate from and including the Issue
Date to but excluding the Final Maturity Date
11.
Redemption/Payment Basis:
100 per cent. of the nominal value
12.
Change of Interest or Redemption/Payment
From, and including the Final Maturity Date to, but
Basis:
excluding the Extended Due for Payment Date, the
following Interest provisions apply:
Interest Basis: 1 month EURIBOR + 0.225 per cent. per
annum Floating Rate.
Screen Rate Determination: Applicable
Reference Rate: 1 month EURIBOR in respect of the
Specified Currency
Relevant Financial Centre: Brussels
Interest Determination Dates: The second day on which
the TARGET2 system is open prior to the start of each
Interest Period.
Relevant Screen Page: Reuters EURIBOR 01.
Specified Interest Payment Dates: 28th day of each
month, from but excluding the Final Maturity Date to and
including the Extended Due for Payment Date subject to
adjustment in accordance with the Business Day
Convention.
Business Day Convention: Modified Following Business
Convention (adjusted)
Additional Business Centre: Not Applicable
Interest Period: The first Interest Period after the Final
Maturity Date will be the period from and including the
Final Maturity Date to but excluding the next following
Interest Payment Date and subsequent Interest Periods
will be from and including an Interest Payment Date to
but excluding the next following Interest Payment Date
up to but excluding the Extended Due for Payment Date.
Day Count Fraction: Actual/360
13.
Put/Call Options:
Not Applicable
14.
Date Board approval for issuance of Covered
26 November 2015 in respect of the Issuer and 20 January
Bonds and Covered Bond Guarantee obtained:
2016 in respect of the LLP
15.
Listing:
London
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16.
Fixed Rate Covered Bond Provisions
Applicable from and including the Issue Date to but
excluding the Final Maturity Date

0011002-0001165 ICM:23512872.4
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(i)
Fixed Rate(s) of Interest:
1.658 per cent. per annum payable in arrear on each
Interest Payment Date
(ii)
Interest Payment Date(s):
The first Interest Payment Date will be 28 January 2017
and thereafter 28 January in each year up to and including
the Final Maturity Date (provided however that after the
Extension Determination Date, the Interest Payment Date
shall be monthly)
(iii)
Business Day Convention:
Following Business Day Convention
(iv)
Business Day(s):
London, TARGET 2
(v)
Additional Business Centre(s):
Not Applicable
(vi)
Fixed Coupon Amount:
16.58 per Calculation Amount
(vii)
Initial Broken Amount(s):
Not Applicable
(viii)
Final Broken Amount:
Not Applicable
(ix)
Day Count Fraction:
Actual/Actual (ICMA)
(x)
Determination Dates:
28 January in each year
17.
Floating Rate Covered Bond Provisions
Not Applicable
18.
Zero Coupon Covered Bond Provisions
Not Applicable

PROVISIONS RELATING TO REDEMPTION
19.
Issuer Call Option
Not Applicable
20.
Investor Put Option
Not Applicable
21.
Final Redemption Amount
1,000 per Calculation Amount
22.
Early Redemption Amount

Early Redemption Amount(s) payable on
1,000 per Calculation Amount
redemption
for
taxation
reasons
or
on
acceleration following an Issuer Event of Default
or an LLP Event of Default:
GENERAL PROVISIONS APPLICABLE TO THE COVERED BONDS
23.
Form of Covered Bonds
Bearer Covered Bonds:

Temporary Global Covered Bond exchangeable for a
Permanent Global Covered Bond which is exchangeable
for Bearer Definitive Covered Bonds in definitive form
after an Exchange Event
24.
New Global Covered Bond:
Yes
25.
Additional Financial Centre(s) or other special
Not Applicable
provisions relating to payment dates:
26.
Talons for future Coupons or Receipts to be
No
attached to Definitive Covered Bonds (and dates
on which such Talons mature):
27.
Details relating to Instalment Covered Bonds:

Instalment Amount(s):
Not Applicable
Instalment Date(s):
Not Applicable
28.
Redenomination:
Not Applicable

0011002-0001165 ICM:23512872.4
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PART B -- OTHER INFORMATION
1.
LISTING

(i)
Admission to trading:
Application is expected to be made by the Issuer (or on its
behalf) for the Covered Bonds to be admitted to trading on
the London Stock Exchange's Regulated Market and to the
Official List of the UK Listing Authority with effect from
28 January 2016
(ii)
Estimate of total expenses related to
£3,650
admission to trading:
2.
RATINGS

Ratings:
The Covered Bonds to be issued have been initially rated:

Fitch: AAA

Moody's: Aaa
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save as discussed in "Subscription and Sale and Transfer and Selling Restrictions", so far as the Issuer and
LLP are aware, no person involved in the issue of the Covered Bonds has an interest material to the offer. The
Lead Manager and their respective affiliates have engaged and may in the future engage in investment banking
and/or commercial banking transactions with and may perform other services for the Issuer and/or the LLP
and/or it or their affiliates in the ordinary course of business.
4.
OPERATIONAL INFORMATION:
(i)
ISIN:
XS1350853831
(ii)
Common Code:
135085383
(iii)
(Insert here any other relevant codes
Not Applicable
such as CUSIP AND CINS codes):
(iv)
Any clearing system(s) other than
Not Applicable
Euroclear
Bank
S.A./N.V.
and
Clearstream Banking, société anonyme
and
the
relevant
identification
number(s):
(v)
Names and addresses of additional
Not Applicable
Paying Agents
5.
YIELD (Fixed Rate Covered Bonds only)
1.658 per cent.
Indication of yield:
The yield is calculated at the Issue Date on the basis of the
Issue Price. It is not an indication of future yield.

0011002-0001165 ICM:23512872.4
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