Home / Royal Mail / RBS Told Not to Call Subordinated Bonds After Bailout (Update1) (Bloomberg)

RBS Told Not to Call Subordinated Bonds After Bailout (Update1) (Bloomberg)

Sept. 4 (Bloomberg) — Royal Bank of Scotland Group Plc , the largest bank bailed out by the U.K., won’t call $1.6 billion of subordinated bonds after regulators objected to using state aid to pay holders of the lender’s lowest-rated securities.

More: continued here

About admin

Check Also

One item is contaminating UK beaches – what to do if you spot it | UK | News

An environmentalist has issued a stark warning to beachgoers in Cornwall after discovering thousands of …

Leave a Reply

Your email address will not be published.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