Milbank has advised Jaguar Land Rover Automotive plc as issuer in connection with its offering of €500 million Senior Notes due 2026 guaranteed on a senior unsecured basis by Jaguar Land Rover Limited and Jaguar Land Rover Holdings Limited. The net proceeds of the bond offering were, or will be, used for general corporate purposes, including for the support of the company’s growth and capital spending plans.
Jaguar Land Rover Automotive plc designs, develops, manufactures and sells Jaguar premium sports saloons, sports cars and luxury performance SUVs and Land Rover premium all-terrain vehicles, as well as related parts, accessories and merchandise. The company’s principal regional markets are continental Europe, North America, the United Kingdom, and China.
The Milbank team was led by London Leveraged Finance/Capital Markets partner Apostolos Gkoutzinis, with special counsel Randy Nahlé and associates Dominic Nelson and Maria C. Schweinberger. The team also included New York Tax partner Andrew Walker and associate Jules Mugema, New York Environmental partner Matthew Ahrens and London Tax special counsel Matthew Mortimer.
