MTRBF / Metro Bank Secures £925 Million Refinancing Deal

Financial analysts at Barclays PLC (LSE:BARC) struck a balanced tone in response to challenger Metro Bank Holdings PLC (LSE:MTRO)'s recently announced more_horizontal

British lender Metro Bank on Wednesday confirmed the support of the required number of bondholders to approve its debt refinancing plans. more_horizontal

When Vernon Hill launched Metro Bank in 2010, his Yorkshire terrier tucked under one arm, he vowed the upstart lender would challenge the dominance of more_horizontal

Metro Bank Holdings PLC (LON: MTRO) has secured £325 million ($395.6 million) in fresh capital. Its shares are up roughly 20% at writing. more_horizontal

Metro Bank has struck a deal to secure £925 million ($1.13 billion) worth of new financing following a weekend of urgent talks amid concerns about th more_horizontal

Relief appears to be the market's immediate ‘emotional response' to the news that Metro Bank Holdings PLC (LSE:MTRO) has received an equity and debt more_horizontal

Jaime Gilinski Bacal, a Colombian banking and real estate entrepreneur, has taken control of Metro Bank as part of a bigger rescue deal to fill a hole more_horizontal

Metro Bank Holdings Plc has clinched a £925 million ($1.1 billion) financing package consisting of a £325 million capital raise and £600 million of more_horizontal