Milbank Advises Underwriters in Connection with NatWest Group Plc’s Offering of $1.25B Senior Notes

Milbank LLP has advised the underwriters, led by NatWest Markets Securities Inc., in connection with NatWest Group plc’s offering of $1.25 billion 4.983% senior callable fixed-to-fixed reset rate notes due 2032. The underwriters also included Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, Jefferies LLC, J.P. Morgan Securities LLC, UBS Securities LLC, SEB Securities Inc., and CIBC World Markets Corp. NatWest Group is the largest business and commercial bank 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, Antonio Teodorescu and Facundo Gonzalez Bustamante. The team also included New York Tax partner Andrew Walker and associate Seth Moreida, and London Tax partner Alan Rafferty and associate Liam Markham.