November 25, 2019

Milbank Advises Jaguar Land Rover on €500M Senior Notes and €300M Senior Notes

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Milbank LLP has advised Jaguar Land Rover Automotive plc as issuer in connection with its offering of €500 million Senior Notes due 2024 and €300 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.

Milbank’s European Leveraged Finance/Capital Markets team have previously worked on notes issuances for the automotive company.

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 Lauren Obee, Ken Ryan, Jessica Savoie and Andrea Sorace.