LSELN 4.500% 19Oct2028 Corp (GBP)

Bond Factsheet

LSEG Finance PLC

Indicative

Full Lot

Bid Price

98.671

Change in Bid Price

remove 0.012

Bid Yield (%)

5.235 %

Change in Bid Yield

0.008

Ask Price

98.837

Change in Ask Price

0.016

Ask Yield (%)

5.142 %

Change in Ask Yield

remove 0.008

Indicative price as of 06 Nov 2026, 4:03pm

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Bond Information

London Stock Exchange Group PLC (LSEG) operates as a stock exchange. The Exchange provides markets that facilitate the raising of capital and the trading of corporate securities, access to a trading environment, as well as real-time pricing and reference information services for equities, derivatives, and fixed-interest securities. LSEG serves clients worldwide.

Bond Issuer

LSEG Finance PLC

Guarantor

London Stock Exchange Group PLC

Announcement Date

16 Sep 2025

Issue Date

19 Sep 2025

Maturity Date

19 Oct 2028

Years to Maturity / Next Call

1.945 / -

Modified Duration

1.804 @ 06 Nov 2026

Issue / Reoffer Price

99.997

Issue / Reoffer Yield

4.504

Coupon Type

Fixed

Annual Coupon Rate

4.500

Coupon Frequency

Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

XS3182450372

CUSIP

YK0862044

Bond Currency

GBP

Total Issue Size

400,000,000

Min. Investment Quantity (Nominal)

GBP 1,000

Incremental Quantity (Nominal)

GBP 1,000

Bond Type

Corporate

Bond Sector

Financials

Bond Sub Sector

Diversified Financial Services

Issuer Credit Rating (S&P/ Fitch)

***/ N.R

Bond Credit Rating (S&P/ Fitch)

***/ N.R

Shariah Compliant

Exchange Listed

Others

Bond Feature(s)

Make Whole Call

If the Call Option is specified in the relevant Final Terms as being “Applicable”, the Notes may be redeemed at the option of the Issuer in whole or, if so specified in the relevant Final Terms, in part on any Optional Redemption Date (Call) at the relevant Optional Redemption Amount (Call) on the Issuer giving not less than 15 nor more than 30 days’ notice (or such other period as shall be specified in the relevant Final Terms) to the Noteholders in accordance with Condition 20 (Notices) and not less than 15 days before the giving of the notice to the Noteholders notice to the Trustee and the Principal Paying Agent (which notices shall be irrevocable and, in the case of the notice to the Noteholders, shall oblige the Issuer to redeem the Notes or, as the case may be, the Notes specified in such notice on the relevant Optional Redemption Date (Call) at the Optional Redemption Amount (Call) together with interest accrued (if any) to (but excluding) such date). If any Maximum Redemption Amount or Minimum Redemption Amount is specified in the relevant Final Terms, then the Optional Redemption Amount (Call) shall in no event be greater than the maximum or be less than the minimum so specified. The Optional Redemption Amount (Call) will be either, as specified in the relevant Final Terms, (i) if a Make-Whole Redemption Price is specified in the relevant Final Terms, the relevant Make-Whole Redemption Price or (ii) the nominal amount per Calculation Amount of the Notes stated in the relevant Final Terms.

The Make-Whole Redemption Price will be an amount equal to the higher of:

(i) if “Spens Amount” is specified in the relevant Final Terms, (i) 100 per cent. of the nominal amount outstanding of the Notes to be redeemed or (ii) the nominal amount outstanding of the Notes to be redeemed multiplied by the price, as reported to the Issuer and the Trustee by the Determination Agent, at which the Gross Redemption Yield to maturity (or, if Issuer Maturity Par Call is specified as being “Applicable” in the relevant Final Terms, the Gross Redemption Yield to the Par Call Period Commencement Date) on such Notes on the Reference Date is equal to the Gross Redemption Yield (determined by reference to the middle market price) at the Quotation Time on the Reference Date of the Reference Bond plus the Redemption Margin; or

(ii) if “Make-Whole Redemption Amount” is specified in the relevant Final Terms, (i) 100 per cent. of the nominal amount outstanding of the Notes to be redeemed and (ii) the sum of the present values of the nominal amount outstanding of the Notes to be redeemed (assuming for this purpose, in the case of any Notes for which Issuer Maturity Par Call is specified as being “Applicable” in the relevant Final Terms, that the Notes are redeemed on the Par Call Period Commencement Date) and the Remaining Term Interest on such Notes (exclusive of interest accrued to the date of redemption) and such present values shall be calculated by discounting such amounts to the date of redemption on an annual, semi-annual or such other basis as is equivalent to the frequency of interest payments on the Notes (as determined by the Determination Agent) at the Reference Bond Rate plus the Redemption Margin, all as determined by the Determination Agent.

Redemption Margin: +0.10 per cent.

Optional Redemption Date (Call): Any date from and including the Issue Date to but excluding the Maturity Date

Change Control Put

Redemption at the option of the Noteholders (Change of Control Put Event):

If Change of Control Put is specified as “Applicable” in the relevant Final Terms, this Condition 9(g) shall apply.

(A) A “Change of Control Put Event” will be deemed to occur if:

(i) a Change of Control has occurred; and

(ii) on the date (the “Relevant Announcement Date”) that is the earlier of (1) the date of the first public announcement made by, or on behalf of or with the agreement of LSEG plc of the relevant Change of Control and (2) the date of the earliest Relevant Potential Change of Control Announcement (if any):

(1) the Notes carry from any Rating Agency a credit rating of BBB- /Baa3 (or equivalent) (an “investment grade rating”) or better, and such rating from any Rating Agency is within the Change of Control Period either downgraded to a credit rating of BB+/Ba1, (or equivalent) (a “non-investment grade rating”), or below, or withdrawn and is not, within the Change of Control Period, subsequently (in the case of a downgrade) upgraded or (in the case of a withdrawal) reinstated, in either case, to an investment grade rating by such Rating Agency; or

(2) the Notes carry from any Rating Agency a non-investment grade rating, and such rating from any Rating Agency is within the Change of Control Period either downgraded by one or more notches (by way of example, Ba1 to Ba2 being one notch) or withdrawn and is not within the Change of Control Period, subsequently (in the case of a downgrade) upgraded or (in the case of a withdrawal) reinstated, in either case, to its earlier credit rating or better by such Rating Agency; or

(3) the Notes do not carry a credit rating and a Negative Rating Event also occurs within the Change of Control Period,

provided that if on the Relevant Announcement Date the Notes carry a credit rating from more than one Rating Agency, at least one of which is an investment grade rating, then subparagraph (1) will apply; and

(iii) in making the relevant decision(s) to downgrade or withdraw a credit rating pursuant to paragraphs (1) and (2) above or not to award a credit rating of at least an investment grade rating as described in paragraph (ii) of the definition of Negative Rating Event, the relevant Rating Agency announces publicly or confirms in writing to LSEG plc or the Trustee that such decision(s) resulted, in whole or in part, from the occurrence of the Change of Control or the fact of the potential Change of Control as described in the Relevant Potential Change of Control Announcement.

Additional Note

a “Change of Control” shall be deemed to occur if any of the following events occur:

(i) any person or persons acting in concert (as defined in the City Code on Takeovers and Mergers in force on the date of issue of the first Tranche of the Notes), or any persons acting on behalf of such persons (each a “Relevant Person”), is/are or becomes/become interested (within the meaning of Part 22 of the Companies Act 2006) in more than 50 per cent. of the issued or allotted ordinary share capital of LSEG plc or such number of shares in the capital of LSEG plc carrying more than 50 per cent. of the voting rights normally exercisable at a general meeting of LSEG plc; or

(ii) LSEG plc enters into a transaction pursuant to which LSEG plc issues shares in LSEG plc to the shareholders (or equivalent) of another entity in circumstances such that those persons who immediately prior to completion of such transaction held the entire issued or allotted ordinary share capital of LSEG plc or such number of shares in the capital of LSEG plc carrying all of the voting rights normally exercisable at a general meeting of LSEG plc, immediately following completion of such transaction, hold less than 50 per cent. of the issued or allotted ordinary share capital of LSEG plc or such number of shares in the capital of LSEG plc carrying less than 50 per cent. of the voting rights normally exercisable at a general meeting of LSEG plc;

provided that a Change of Control shall be deemed not to have occurred if (A) all or substantially all of the shareholders of the Relevant Person immediately after the event which would otherwise have constituted a Change of Control were the shareholders of LSEG plc with the same (or substantially the same) pro rata economic interests in the share capital of the Relevant Person as such shareholders had in the share capital of LSEG plc immediately prior to such event provided that such event is not part of a predetermined series of events which, taken together, will constitute a Change of Control or (B) the event which would otherwise have constituted a Change of Control occurs or is carried out for the purposes of a reorganisation on terms approved in writing by the Trustee or by an Extraordinary Resolution of the Noteholders;

Bondsupermart strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.

Coupon Dates	Coupon Receive	Principal Amount	Cash Flow

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