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16 May 2:55pm

Metro Bank launches £350m fundraising just months after last one

The Guardian
Bank also moves to quash rumours about financial health that led to customer panic Metro Bank has launched a £350m fundraisinground which is expected to strengthen its balance sheet and quash rumours about its financial health that caused customers to pull cash last weekend. The challenger bank confirmed it was offering shares at a price of £5 each, slightly cheaper than its closing price of £5.36 on Thursday. It is at a steep discount to the £22 per share that investors would have paid before the bank revealed a
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