Royal Bank of Scotland Prices $2.65 Billion Tier 1 Capital Notes
August 11 2016 - 1:50AM
Dow Jones News
By Ian Walker
LONDON--Royal Bank of Scotland Group PLC (RBS.LN) Thursday
priced an additional $2.65 billion of 8.625% perpetual subordinated
contingent convertible Tier 1 capital notes, which it plans to use
for general corporate purposes.
The 73% government-owned bank said the offering is scheduled to
close Aug. 15.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
August 11, 2016 02:35 ET (06:35 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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