Milbank Advises Underwriters in Connection with NatWest Group Plc’s Offering of $1B Senior Notes

Milbank LLP has advised the underwriters, led by NatWest Markets Securities Inc., in connection with NatWest Group plc’s offering of $1 billion 5.516 % Senior Callable Fixed-to-Fixed Reset Rate Notes due 2028. The underwriters also included BofA Securities, Inc., Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and RBC Capital Markets, LLC.

NatWest Group is the largest business and commercial bank in the UK, with a leading retail business.

The Milbank team was led by Global Capital Markets partner David Dixter and associates Kristian Sutt and Santiago Barraza Lopez. The team also included New York Tax special counsel Craig Cohen as well as London Tax partner Russell Jacobs and associate Fareed Muhammed