(Reuters) - Lloyds Banking Group Plc has priced the world's largest rights issue, worth 13.5 billion pounds.
Following are key points on the cash call:
STATISTICS
* Issue price per new share of 37p
* To offer 1.34 new shares for every existing share
* Issue price represents 59.5 percent discount to November 23 close of 91.47p
* 38.6 percent discount to theoretical ex rights price based on November 23 close
* More than 36.5 billion shares will be offered
* New shares will represent 57.3 percent of enlarged share capital of the group
RETAIL SHAREHOLDERS
* Lloyds has Britain's largest retail shareholder base
* Estimates the total cost for average private shareholder of 366.67 pounds if they take up all their rights
TIMETABLE * General shareholder meeting Nov 26
* Dealing in nil-paid rights begins Nov 27
* Results of U.S. debt exchange offer Dec 9
* Last date for rights issue acceptance Dec 11
* New ordinary shares begin trading Dec 14
(Compiled by Clara Ferreira-Marques; Editing by David Holmes)