Home / Royal Mail / RBS Told Not to Call Subordinated Bonds After Bailout (Update3) (Bloomberg)

RBS Told Not to Call Subordinated Bonds After Bailout (Update3) (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

Guernsey Post to end airmail services in early 3Q26

ASL Airlines UK (ABV, Nottingham East Midlands) will terminate its nightly working-day charter flights between …

Leave a Reply

Your email address will not be published.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