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

Milbank LLP advised the dealers, led by NatWest Markets Securities Inc., in connection with NatWest Markets Plc’s offering of $850 million 4.174% senior notes due 2028, $850 million 4.412% senior notes due 2030 and $600 million floating rate senior notes due 2028 under NatWest Markets’ $10 billion US Medium-Term Note Programme. The dealers also included BofA Securities, Inc., Citigroup Global Markets Inc., RBC Capital Markets, LLC, TD Securities (USA) LLC, CIBC World Markets Corp. and Scotia Capital (USA) 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 Harshil Bansal, Antonio Teodorescu and Despoina Mangel.