Blueprint
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
Date of
Announcement: 27 March
2019
BT Group plc
(Translation
of registrant's name into English)
BT
Group plc
81 Newgate Street
London
EC1A 7AJ
England
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form
20-F..X...
Form 40-F
Indicate
by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes
No ..X..
If
"Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-
________
27 March
2019
BT Group plc
Guarantee of British Telecommunications plc's debt
securities
BT Group plc ("BT Group") will, from today, fully and
unconditionally guarantee the obligations of its wholly-owned
subsidiary British Telecommunications public limited company ("BT
plc") under BT plc's US dollar-denominated SEC-registered bonds
(the "US Bonds"). The guarantee is documented in a supplemental
indenture dated 27 March 2019 between BT Group, BT plc and Delaware
Trust Company (the trustee of the US Bonds).
BT Group will also, from today, guarantee BT plc's obligations
under the existing notes and new notes issued under BT plc's Euro
Medium Term Note Programme (the "EMTN Notes"), and under BT plc's
£300,000,000 8.625% bonds due 2020 (the "2020 Bonds") and
£600,000,000 5.75% bonds due 2028 (the "2028 Bonds"). The
guarantees relating to the EMTN Notes, the 2020 Bonds and the 2028
Bonds are given on the same basis as the guarantee relating to the
US Bonds and are documented in deeds of guarantee dated 27 March
2019 between BT Group, BT plc and The Law Debenture Trust
Corporation p.l.c. (the trustee of the EMTN Notes, the 2020 Bonds
and the 2028 Bonds).
In connection with the granting of these guarantees, in accordance
with Rule 3-10 of Regulation S-X and Rule 12h-5 under the US
Securities Exchange Act of 1934, as amended, BT plc will, from the
publication of BT Group's next annual report on Form 20-F,
discontinue filing separate periodic and current reports with the
SEC. Condensed consolidating financial information regarding BT plc
will be included in BT Group's next and subsequent periodic reports
filed with the SEC.
Signatures
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
BT Group plc
(Registrant)
By: /s/
Rachel Canham, Company Secretary
--------------------
Rachel
Canham, Company Secretary.
Date
27 March 2019