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UKAR announces sale of £13bn portfolio of NRAM assets
UK Financial Investments Limited (UKFI), today confirms that following a competitive sales process, UK Asset Resolution Limited (UKAR), has agreed to sell a £13bn portfolio of NRAM mortgages and unsecured loans to affiliates of Cerberus Capital Management LP. download [108,5 KB]
UKFI today announces the disposal of approximately 5.4% of The Royal Bank of Scotland Group plc
Further to its announcement on 3 August 2015, UKFI announces the successful completion of the disposal of part of HM Treasury’s shareholding in The Royal Bank of Scotland Group plc (the “Company”). The disposal was effected by way of a Placing (the “Placing”) of ordinary shares (the “Placing Shares”) by way of an accelerated bookbuilding process to institutional investors. download [314,8 KB]