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RBS to redeem all £103.58 million of 9.5% undated subordinated bonds
By Tali Rackner
Minneapolis, June 19 – NatWest Markets plc, formerly Royal Bank of Scotland plc, called all £103,583,000 of its outstanding 9.5% undated subordinated bonds, according to a filing with the London Stock Exchange.
The notes will be redeemed on Aug. 12.
The bonds, which were issued in an original amount of £200 million, are guaranteed on a subordinated basis by Royal Bank of Scotland Group plc.
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