Royal Bank of Scotland To Recognize GBP265 Million Loss After Tender
27 November 2015 - 4:58AM
Dow Jones News
LONDON-- Royal Bank of Scotland Group PLC (RBS.LN) Thursday said
it expects to recognize a loss of around 265 million pounds ($400
million) in its fourth quarter results, related to a recent tender
of U.S. dollar, sterling and euro senior debt securities.
RBS said it tendered GBP2.4 billion of securities and the
take-up rate was 56.5%.
-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter:
@RoryGallivan
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(END) Dow Jones Newswires
November 26, 2015 12:43 ET (17:43 GMT)
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