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| Name | Symbol | Market | Type |
|---|---|---|---|
| Royal Bank of Scotland Group PLC | NYSE:RBS | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 3.09 | 0 | 01:00:00 |
From Apr 2019 to Apr 2024
LONDON--Royal Bank of Scotland Group PLC (RBS.LN) said Monday that its recent cash tenders for certain debt securities will not have a material impact on the company and its retail banking unit Royal Bank of Scotland PLC.
The parent and the unit recently completed cash tenders of certain of their U.S. dollar, Sterling and Euro senior debt securities in line with regulatory requirements. The overall take up rate of the tender offers was 43.5%.
The parent company intends to recognize a loss of around 66.1 million pounds ($93.34 million) in its second quarter results in relation to the offers. The tender offers are also expected to result in total interest savings of GBP171.8 million.
Shares of Royal Bank of Scotland Group at 0807 GMT trading 1.0% higher at 214 pence.
Write to Tapan Panchal at tapan.panchal@wsj.com
(END) Dow Jones Newswires
April 11, 2016 04:26 ET (08:26 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year Royal Bank of Scotland Chart |
1 Month Royal Bank of Scotland Chart |
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