City Of London
Metro Bank in Talks for Debt Restructuring, Equity Injection
- Shareholders face dilution unless they contribute new funds
- Restructuring would wipe out riskier debt, extend senior bonds
A customer uses an ATM at a Metro Bank branch in London, UK.
Photographer: Betty Laura Zapata/BloombergThis article is for subscribers only.
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Metro Bank Holdings Plc is in discussions over a financing package with its bondholders and shareholders with the aim to reach any agreement before Monday, according to a person familiar with the matter.