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Published on 2/1/2022 in the Prospect News Liability Management Daily.

NatWest to redeem remaining £21.18 million subordinated notes

By William Gullotti

Buffalo, N.Y., Feb. 1 – NatWest Markets plc issued a redemption notice for all of the outstanding £21,175,000 of its £500 million fixed-rate undated subordinated notes (ISIN: XS0144810529), according to a notice.

The notes will be redeemed on March 22 at par plus accrued interest to but excluding the redemption date.

NatWest Markets is a London-based investment banking arm of Royal Bank of Scotland Group plc.


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