Preferred Stock Channel
NatWest Group PLC | Non-cumulative Dollar Preference Shares, Series N (RBS.PRN)

This preferred is marked as having been called.
Prospectus excerpt:  We are issuing non-cumulative Dollar Preference Shares, Series N, or Series N preference shares, which will be sold in the form of American Depositary Shares, Series N, or Series N ADSs.

Dividends on the Series N preference shares will accrue from the date of original issuance. We may pay dividends out of our distributable profits in US dollars quarterly in arrears on March 31, June 30, September 30 and December 31 of each year, beginning on June 30, 2005, at the rate of US$1.5875 annually per Series N preference share. We may redeem the Series N preference shares in whole or in part at any time on or after June 30, 2010 at US$25.00 per Series N preference share plus accrued dividends for the then-current dividend period.

If we are liquidated, you will be entitled to receive a liquidation preference of US$25.00 per Series N preference share plus accrued dividends for the then-current dividend period, but only after we have paid all of our debts and other liabilities to our creditors and to holders of any of our capital shares that are senior to the Series N preference shares.

Full Prospectus PDF », Secondary Prospectus PDF », NWG Page »

Series:N
Alternate symbology:RBS-N, RBS-PN, RBSprN
Redeemable?:Yes
Call Date:6/30/2010 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:No
Shares Offered:40,000,000
Liquidation Preference:$25.00
Original Coupon:6.35%
Pay Period:Quarterly
Pay Dates:31-Mar, 30-Jun, 30-Sep, 31-Dec
CDx3 Compliance Rating: Learn RBS.PRN's Rating
NatWest Group is engaged in the provision of a range of banking financial services to personal, business and commercial customers via its business. Co. has the following reportable segments: Retail Banking, which serves personal customers in the U.K. and includes Ulster Bank customers in Northern Ireland; Private Banking, which serves U.K. connected individuals and their business interests; and Commercial and Institutional, which includes Commercial Banking, NatWest Markets and RBS International businesses, to support Co.'s customers across the non-personal customer lifecycle, both domestically and internationally.

Preferreds: RBS.PRE, RBS.PRF, NW.PRC, RBS.PRG, RBS.PRH, RBS.PRI, RBS.PRL, RBS.PRM, RBS.PRN, RBS.PRP, RBS.PRQ, RBS.PRR, RBS.PRS, RBS.PRT


Open the NWG Information Page »
Name:  NatWest Group PLC
Website:  www.natwestgroup.com
Sector:  Banking & Savings
Number of ETFs Holding NWG:  7 (see which ones)
Total Market Value Held by ETFs:  $28,376,590

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