Home Stock & SharesBanks Royal Bank of Scotland prices $2.65B (£1.99B) senior notes

Royal Bank of Scotland prices $2.65B (£1.99B) senior notes

by Jonathan Adams

Royal Bank of Scotland Group PLC (RBS.LN) Thursday priced $2.65 billion (£1.99 billion) of 3.875% senior notes due 2023, which it will use for general corporate purposes.

The 73% goverment-owned bank said the offering is scheduled to close Sept. 12, subject to the satisfaction of customary conditions.

This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

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