An announcement from NatWest Group ( (GB:NWG) ) is now available.
NatWest Group plc has successfully priced its GBP 750 million 7.500% Reset Perpetual Subordinated Contingent Convertible Additional Tier 1 Notes, which are set to close on March 3, 2025. The proceeds from this offering will be used to bolster NatWest’s capital base, enhancing its financial stability and supporting its corporate operations, which could positively impact its market positioning and stakeholder confidence.
More about NatWest Group
NatWest Group plc is a major financial services company operating primarily in the banking sector. It offers a wide range of services including personal and business banking, wealth management, and insurance products. The company focuses on serving customers in the UK and Ireland, with a strong emphasis on digital banking solutions.
YTD Price Performance: 16.14%
Average Trading Volume: 24,372,162
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £37.58B
For an in-depth examination of NWG stock, go to TipRanks’ Stock Analysis page.