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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Royal Bank Of Scotland Group Plc | LSE:RBS | London | Ordinary Share | GB00B7T77214 | ORD 100P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 120.90 | 121.35 | 121.40 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMRBS
RNS Number : 0656R
Royal Bank of Scotland Group PLC
25 June 2020
The Royal Bank of Scotland Group plc
25 June 2020
The Royal Bank of Scotland Group plc ("RBSG") completed the pricing of its USD 1,500,000,000 6.000% Reset Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes (the "Notes").
The proceeds to RBSG (before expenses and underwriting discounts) of USD 1,500,000,000 from the Notes will be used for general corporate purposes and to strengthen further RBSG's capital base or the capital base of RBSG's subsidiaries and/or the RBS Group.
The offering is scheduled to close on 29 June 2020, subject to the satisfaction of customary conditions.
RBSG has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (the "SEC") for the offering to which this communication relates. Investors should read the prospectus in such registration statement and other documents RBSG has filed with the SEC for more complete information about RBSG and this offering. You may get these documents for free by visiting the SEC web site at www.sec.gov. Alternatively, copies may be obtained from NatWest Markets Securities Inc., toll free at 1-866-884-2071.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
For further information, please contact:
Scott Forrest
Head of Debt Capital Markets and Capital Strategy
The Royal Bank of Scotland Group plc
Tel: +44 (0)7747 455969
Legal Entity Identifier: 2138005O9XJIJN4JPN90
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
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(END) Dow Jones Newswires
June 25, 2020 04:19 ET (08:19 GMT)
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