NatWest Group Prices $1.55 Billion in Senior Callable Notes

NatWest Group ( (GB:NWG) ) just unveiled an update.

NatWest Group plc has successfully priced USD 1.55 billion in Senior Callable Notes, comprising USD 1.25 billion in Fixed Rate Notes due 2031 and USD 300 million in Floating Rate Notes due 2029. The proceeds will be used to fund the company’s general banking operations, with the offering set to close on May 23, 2025, pending customary conditions. This strategic move is expected to bolster NatWest’s operational capacity and enhance its financial stability, potentially impacting its market positioning positively.

The most recent analyst rating on (GB:NWG) stock is a Buy with a £4.00 price target. To see the full list of analyst forecasts on NatWest Group stock, see the GB:NWG Stock Forecast page.

Spark’s Take on GB:NWG Stock

According to Spark, TipRanks’ AI Analyst, GB:NWG is a Outperform.

NatWest Group’s overall stock score reflects robust financial stability and positive technical trends. Strong earnings and strategic activities bolster its position, though cash flow volatility and economic uncertainties pose risks. Attractive valuation metrics support a favorable investment outlook.

To see Spark’s full report on GB:NWG stock, click here.

More about NatWest Group

NatWest Group plc operates in the financial services industry, primarily offering banking and financial products. The company focuses on providing comprehensive banking solutions to its clients, leveraging its market position to support various financial needs.

Average Trading Volume: 37,178,806

Technical Sentiment Signal: Buy

Current Market Cap: £41.11B

Learn more about NWG stock on TipRanks’ Stock Analysis page.