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)

admin September 4, 2009 Royal Mail Leave a comment 111 Views

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.

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