Bloomberg News

RBS Exchanges 737 Million Pounds of Australian Dollar Notes

March 09, 2012

Royal Bank of Scotland Group Plc, Britain’s biggest publicly owned lender, said it agreed to exchange 737 million pounds of Australian dollar denominated subordinated notes.

That brings the total amount it’s exchanged to about 3.4 billion pounds, or 62 percent of the securities targeted in the offer, the Edinburgh-based lender said in a statement today.

To contact the reporter on this story: Howard Mustoe in London at hmustoe@bloomberg.net

To contact the editor responsible for this story: Edward Evans at eevans3@bloomberg.net


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