We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Metro Bank Holdings Plc | LSE:MTRO | London | Ordinary Share | GB00BMX3W479 | ORD 0.0001P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.10 | 0.30% | 33.30 | 33.25 | 33.50 | 34.25 | 33.10 | 33.55 | 1,528,997 | 15:48:01 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMTRO
RNS Number : 5696O
Metro Bank PLC
02 October 2019
METRO BANK PLC
Legal Entity Identifier: 213800X5WU57YL9GPK89
2 October 2019
Metro Bank Successfully Prices a GBP350 Million MREL-Eligible Debt Issuance
Metro Bank announces the successful pricing today of a GBP350 million six year maturity callable in five years (6NC5) MREL-eligible senior non-preferred debt transaction at a coupon of 9.500%. Following this MREL debt issuance, Metro Bank will meet, on a pro-forma basis*, its interim MREL requirement plus buffers of 21.5%.
Metro Bank appreciates the strong support shown by investors in today's transaction, resulting in an order book in excess of GBP550 million from 60 accounts and allowing the issuance to be upsized from the original size of GBP300 million.
Metro Bank remains focused on optimising its capital allocation and returns. As set out in its H1 2019 results, the Bank will continue to evaluate all management actions available to enhance its overall capital efficiency and continue to meet its regulatory requirements. Such actions could include, but are not limited to, further inorganic measures such as asset sales or securitisation.
*Based on RWAs as at H1 2019 of GBP9,372m which are updated for the July 2019 mortgage book disposal.
ENDS
Enquiries
For further information on this announcement, please contact:
Metro Bank PLC
Investor Relations
Jo Roberts
+44 (0)20 3402 8900
IR@metrobank.plc.uk
Media Relations
Charlotte Sjoberg / Tina Coates
+44 (0)7970 633255 / +44 (0)7811 246016
pressoffice@metrobank.plc.uk
Teneo
Charles Armitstead / Haya Herbert-Burns
+44 (0) 7703 330269 / +44 (0) 7342 031051
Metrobank@teneo.com
About Metro Bank
Metro Bank is the revolution in British banking. It is celebrated for its exceptional customer experience and achieved the top spot in the Competition and Market Authority's Service Quality Survey among personal current account holders for its overall service and came second among business current account holders in August 2019. It was also awarded 'Best All Round Personal Finance Provider' at the Moneynet Personal Finance Awards 2019. It is also recognised by Glassdoor in its 'Best Place to Work UK 2019' top 50 list.
Offering retail, business, commercial and private banking services, it prides itself on using technology to give customers the choice to bank however, whenever and wherever they choose. Whether that's through its growing network of stores open seven days a week, from early in the morning to late at night, 362 days a year; on the phone through its UK-based 24/7 contact centres manned by people not machines; or online through its internet banking or award-winning mobile app: the bank offers customers real choice.
The bank employs over 3,900 colleagues and is headquartered in Holborn, London.
Metro Bank PLC. Registered in England and Wales. Company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. 'Metrobank' is the registered trade mark of Metro Bank PLC.
It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Most relevant deposits are protected by the Financial Services Compensation Scheme. For further information about the Scheme refer to the FSCS website www.fscs.org.uk.
All Metro Bank products are subject to status and approval.
Metro Bank PLC is an independent UK bank - it is not affiliated with any other bank or organisation (including the METRO newspaper or its publishers) anywhere in the world. Please refer to Metro Bank using the full name.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
IODMTBATMBMMBPL
(END) Dow Jones Newswires
October 02, 2019 11:13 ET (15:13 GMT)
1 Year Metro Bank Chart |
1 Month Metro Bank Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions