Metro Bank Seeks Up To £600M In Fundraising As Share Price Plunges

Metro Bank exploring options to raise hundreds of millions in debt and equity to bolster balance sheet.
Bank considering share issuance, asset sales, debt refinancing, and potential outright sale.
Move comes as £350M bond repayment due in 2025; shares down over 60% since February.
Recent losses triggered by concerns over capital requirements and ability to raise funds.
Bank says still meeting regulatory capital needs and expects continued growth in deposits.