Slaughter and May advised Just Group plc on its debut issuance of Restricted Tier 1 capital

Slaughter and May advised Just on its debut issuance of Restricted Tier 1 capital.

The £300,000,000 Fixed Rate Reset Perpetual Restricted Tier 1 Contingent Convertible Notes have been admitted to listing and trading on the Euro MTF market of the Luxembourg Stock Exchange, and have been assigned a rating of BBB- by Fitch.

Barclays Bank PLC and NatWest Markets Plc acted as managers in respect of the offering.