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Royal Bank of Scotland Completes Pricing Of USD750 Million Notes

30th Oct 2019 10:29

(Alliance News) - Royal Bank of Scotland Group PLC said Wednesday it has completed the pricing of its USD750.0 million fixed-to-fixed reset rate subordinated notes due 2029.

The lender said the proceeds from the note offering will fund its general banking business.

The offer is expected to close on Friday.

Shares in RBS were 2.8% lower in London on Wednesday at 213.10 pence each.

By Paul McGowan; [email protected]

Copyright 2019 Alliance News Limited. All Rights Reserved.


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