25th Sep 2018 12:28
LONDON (Alliance News) - Royal Bank of Scotland Group PLC said Tuesday it has priced its USD1.75 billion in 5.076% fixed rate to floating rate notes due 2030.
Proceeds from the loan note issue will be used to fund the lender's general banking business. The offering is scheduled to close on Friday, subject to the satisfaction of customary conditions.
RBS shares were trading 0.8% lower at 256.70 pence each on Tuesday afternoon.
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