Santander UK is aiming to retire old notes after new capital regulations

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Santander UK is aiming to retire old notes after new capital regulations

Santander UK is looking to optimise its capital base in light of new capital regulations by buying back up to £486m equivalent of tier one and tier two securities, which it will replace with new-style tier one and tier two issuance.

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