LONDON: The Royal Bank of Scotland Group plc (RBSG) has completed the pricing of its USD 2.0billion, 4.269% (fixed rate to floating rate) Senior Notes due 2025.

The proceeds to Royal Bank of Scotland Group plc (RBSG) of approximately USD 2.0 billion will be used to fund RBSG’s general banking business.

The offering is scheduled to close on March 22, 2019, subject to the satisfaction of customary conditions.

Royal Bank of Scotland Group plc (RBSG) has filed a registration statement with the U.S. Securities and Exchange Commission for the offering.[the_ad id=”31605″]