23rd Mar 2021 15:52
NatWest Group PLC - bank - Launches tender offers to purchase for cash any and all of some series of its US dollar denominated notes. The purchase price for each USD1,000 validly tendered will be equal to an amount that would reflect, as of the settlement date, a yield to the maturity date. In addition to the purchase price, holders of the PROs and tier 2 notes accepted for purchase pursuant to the offers will also receive accrued and unpaid interest on each USD1,000 of notes from, and including, the last interest payment date up to, but not including, the settlement date. Unless the offers are extended, reopened or earlier terminated, NatWest says it expects payments to be made on March 31.
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By Evelina Grecenko; [email protected]
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