14th Oct 2026 16:04
NatWest Group PLC - Edinburgh-based bank - Completes pricing of its USD1.00 billion 5.908% senior callable fixed-to-fixed reset rate notes due 2032. Says it will use the proceeds to fund its general banking business. Intends to close the offering on Friday.
Also on Wednesday, internet-of-things SIM provider KeySIM says NatWest has provided a new finance facility to support its continued expansion and investment in its network infrastructure. It says the funding will support the development of its "next-generation resilient network infrastructure". KeySIM provides IoT SIM cards and managed connectivity services for machines, equipment and remote assets. NatWest Relationship Manager Rob Woods says: "We are delighted to continue supporting KeySIM and have had the privilege of monitoring the company's impressive growth over a number of years. The business has demonstrated strong innovation, ambition and customer focus, and we look forward to supporting [Managing Director Graham Robinson] and the team as they continue their exciting growth journey."
Current stock price: 663.80 pence
12-month change: up 21%
By Emma Curzon, Alliance News reporter
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