Virgin Money lines up euro holdco debut

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Virgin Money lines up euro holdco debut

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A general view of the newly refurbished Virgin Money banking store on North Street in Guildford, the new store replaces the old Northern Rock branch on Castle Street in Guildford. | Matt Alexander/PA Archive/PA Images

Virgin Money is getting ready to launch its first sale of euro-denominated debt from its holding company, as the UK challenger bank looks to meet a 2022 deadline for the minimum requirements for own funds and eligible liabilities (MREL).

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