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Pin to quick picksNatwest Share News (NWG)

Share Price Information for Natwest (NWG)

London Stock Exchange
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Share Price: 305.40
Bid: 305.30
Ask: 305.60
Change: 15.60 (5.38%)
Spread: 0.30 (0.098%)
Open: 296.00
High: 305.50
Low: 295.50
Prev. Close: 289.80
NWG Live PriceLast checked at -

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NatWest Announces Pricing Of GBP1.00 Billion Tier 1 Notes Issue

Tue, 10th Nov 2020 20:31

(Alliance News) - NatWest Group PLC on Tuesday said it has priced a GBP1.00 billion tier 1 notes issue.

The contingent convertible additional tier 1 capital notes carry a 5.125% interest rate, the lender noted.

Proceeds will be used for "general corporate purposes and to strengthen further NWG's capital base or the capital base of NWG's subsidiaries", the company said.

Shares in NatWest closed 2.8% higher at 141.65 pence each in London on Tuesday.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
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