Company: LLOBF
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0000950103-25-002570
Chunk: 0

Company: Lloyds Banking Group plc
Filing Date: 2025-02-27
Form: 6-K
Chunk 0
---
<div align='center'>FORM 6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report of Foreign Private Issuer Pursuant to Rule13a-16 OR 15d-16
UNDER the Securities Exchange Act of1934

For February 27, 2025

Commission File Number: 001-15246

LLOYDS BANKING GROUP PLC

5th
Floor
25 Gresham Street

London EC2V 7HN
United Kingdom

(Address of principal executive offices)</div>

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

| Form 20-F | X | Form 40-F | _____ |

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

<div align='center'>EXPLANATORY NOTE</div>

In connection with the issuance by Lloyds Banking Group plc of £750,000,000
aggregate principal amount of Fixed Rate Reset Additional Tier 1 Perpetual Subordinated Contingent Convertible Securities, Lloyds Banking
Group plc is filing the following document solely for incorporation into the Registration Statement on Form F-3 (File No. 333-265452):

<div align='center'>Exhibit List</div>

| Exhibit 
 No.     
 4.1     | Description                                                                                                                                                                                                                                        
 Ninth Supplemental Indenture to the Capital Securities Indenture among Lloyds Banking Group plc, The Bank of New York Mellon, acting through its London Branch and The Bank of New York Mellon SA/NV, Dublin Branch, dated as of February 27, 2025 |
|:--------|:---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 5.1     | Opinion of CMS Cameron McKenna Nabarro Olswang LLP                                                                                                                                                                                                 |
| 5.2     | Opinion of Davis Polk & Wardwell London LLP                                                                                                                                                                                                        |

<div align='center'>SIGNATURES</div>

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.

| Dated: | February 27,