Shares of UK's Metro Bank rose 26% after the lender secured a £325 million capital raise and £600 million in debt refinancing. The capital raise includes £150 million of new equity and £175 million of bail-in debt. The bank will also restructure its debt, with holders of its £250 million tier 2 bonds taking a 40% haircut. Colombian banker Jaime Gilinski Bacal, an existing shareholder, led the raise and now holds a controlling 53% stake. The funds will be used to shift towards specialist mortgages and commercial lending, as well as continue growth in current accounts and deposits.

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