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RBS to redeem £350 million fixed-rate subordinated notes on Dec. 17
By Sarah Lizee
Olympia, Wash., Oct. 19 – Royal Bank of Scotland plc said will redeem all £350 million of its fixed-rate undated subordinated notes issued under the £7 billion euro medium-term note program, according to a notice from the issuer.
The notes will be redeemed on Dec. 17 at par plus accrued interest up to but excluding the redemption date.
The banking and financial services company is based in Edinburgh.
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