Milbank LLP advised the underwriters, led by NatWest Markets Securities Inc., in connection with NatWest Group plc’s offering of $1 billion 5.908% senior callable fixed-to-fixed reset rate notes due 2032. The underwriters also included Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC, Morgan Stanley & Co. LLC and TD Securities (USA) LLC.
NatWest Group is one of the largest business and commercial banks in the UK, with a leading retail business.
The Milbank team was led by Corporate Finance and Securities partner David Dixter and supported by associates Harshil Bansal, Dario Panza, and law clerk Satyajit Bose. The team also included New York Tax partner Andrew Walker and associate Seth Moreida, and London Tax partner Alan Rafferty and associate Liam Markham.
