Home / Royal Mail / RBS Told Not to Call Subordinated Bonds After Bailout (Update2) (Bloomberg)

RBS Told Not to Call Subordinated Bonds After Bailout (Update2) (Bloomberg)

Sept. 4 (Bloomberg) — Royal Bank of Scotland Group Plc , the largest bank bailed out by the U.K., said it won’t redeem $1.6 billion of subordinated bonds early after regulators objected to using state aid to pay off lower-rated notes.

More: continued here

About admin

Check Also

Title and publication date for long-awaited third Gruffalo book announced

The Gruffalo family will expand in the long-awaited third book about the beloved monster – …

Leave a Reply

Your email address will not be published. Required fields are marked *