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

Royal Mail to issue stamps celebrating comedy show The Vicar of Dibley

The hit series starred comedian Dawn French as the chocolate-loving Reverend Geraldine Granger. A set …

Leave a Reply

Your email address will not be published.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