RBS holdco senior finds favour after rally in UK credit

By Tyler Davies
01 Mar 2017

Royal Bank of Scotland (RBS) paid a remarkably slim premium to print a new final-year callable senior bond from its holding company on Wednesday, after the issuer saw a opportunity to capitalise on the outperformance of UK credit in 2017.

RBS was able to walk away with €1.25bn of new holding company level senior debt, having attracted more than €3.5bn orders for the six year non-call five fixed to

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.