Milbank Advises Dealers in Connection with NatWest Markets Plc’s $2.3B Senior Notes Offering

Milbank LLP advised the dealers, led by NatWest Markets Securities Inc., in connection with NatWest Markets Plc’s offering of $1.2 billion 4.654% senior notes due 2029, $750 million 4.893% senior notes due 2031 and $350 million floating rate senior notes due 2029 under NatWest Markets’ $20 billion US Medium-Term Note Programme. The dealers also included Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, Scotia Capital (USA) Inc., CIBC World Markets Corp. and SEB Securities, Inc.

NatWest Markets Plc is a member of NatWest Group, the largest business and commercial bank in the UK, with a leading retail business.

The Milbank team was led by partner David Dixter, with associate Harshil Bansal and law clerk Antonio Teodorescu.