Business
Metro Bank Holdings PLC and Metro Bank PLC An...
Metro Bank Holdings PLC and Metro Bank PLC An....
About this update from Metro Bank Holdings Plc
[{"type":"text","content":"\n \n \n \n\n\t\n\n\n\n\n\n\n\n\n\n\n\nMetro Bank Holdings PLC (MTRO)\n\n\n\n\n\n\nMetro Bank Holdings PLC and Metro Bank PLC Announces Settlement of the Transaction 30-Nov-2023 / 15:37 GMT/BST\n\n\n Metro Bank Holdings PLC (LSE: MTRO LN)\n\n30 November 2023\n\n \n\n \n\nMetro Bank Holdings PLC\n\nLegal Entity Identifier: 984500CDDEAD6C2EDQ64\n\nMetro Bank PLC\n\nLegal Entity Identifier: 213800X5WU57YL9GPK89\n\n \n\nMETRO BANK HOLDINGS PLC AND METRO BANK PLC ANNOUNCES SETTLEMENT OF THE TRANSACTION\n\n \n\nNOTHING IN THIS ANNOUNCEMENT CONSTITUTES OR CONTEMPLATES AN OFFER OF, AN OFFER TO PURCHASE OR THE SOLICITATION OF AN OFFER TO SELL SECURITIES IN THE UNITED STATES OR ANY OTHER JURISDICTION. THE SECURITIES REFERRED TO HEREIN HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933 (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES.\n\nTHIS ANNOUNCEMENT IS ONLY FOR DISTRIBUTION OR TO BE MADE AVAILABLE (A) IN THE UNITED STATES, TO “QUALIFIED INSTITUTIONAL BUYERS” WITHIN THE MEANING OF RULE 144A UNDER THE SECURITIES ACT AND (B) TO PERSONS LOCATED AND RESIDENT OUTSIDE THE UNITED STATES. THIS ANNOUNCEMENT IS NOT FOR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW.\n\nMETRO BANK HOLDINGS PLC\n\n(incorporated under the Companies Act 2006 and registered in England and Wales with registered number 14387040)\n\n(the “Company”)\n\nin respect of the£350,000,000 Fixed Rate Reset Callable Notes due 8 October 2025\n\n(ISIN: XS2063492396; Common Code: 206349239) (the “Existing MREL Notes”)\n\nand\n\nMETRO BANK PLC\n\n(incorporated under the Companies Act 2006 and registered in England and Wales with registered number 06419578)\n\n(the “Bank” and together with the Company, “Metro Bank”)\n\nin respect of the£250,000,000 Fixed Rate Subordinated Notes due 26 June 2028\n\n(ISIN: XS1844097987; Common Code: 184409798) (the “Existing Tier 2 Notes”)\n\nOn 8 October 2023, the Company announced that it had obtained commitments from existing shareholders and other investors to subscribe for £150 million of new equity (the “Equity Raise”) and from existing noteholders to subscribe for £175 million of new fixed rate ...