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NatWest Group PLC - Edinburgh-headquartered lender - Prices cash tender offer for its outstanding 5.125% subordinated tier 2 notes with a maturity date of May 28, 2024. Purchase price is $996.76 per $1,000 based on a 4.064% reference yield and the fixed spread of 135 basis points. Principal amount currently outstanding is $876.1 million out of $2.25 billion issued. Current stock price: 265.90 pence, up 0.6% 12-month change: up 15% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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