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

Councillors back plans for works at the Commandery

As a subscriber, you are shown 80% less display advertising when reading our articles. Those …

Leave a Reply

Your email address will not be published.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