Milbank LLP has advised the underwriters, led by NatWest Markets plc, in connection with NatWest Group plc’s (formerly The Royal Bank of Scotland Group plc) offering of £400 million 4.500% Reset Perpetual Subordinated Contingent Convertible Additional Tier 1 Capital Notes. The underwriters also included Goldman Sachs International and RBC Europe Limited.
NatWest Group is the largest business and commercial bank in the UK, with a leading retail business.
The Milbank team was led by partner David Dixter, with special counsel Ana Grbec and associate Nina Marot. The team also included New York Tax partner Eschi Rahimi-Laridjani and associate David Hanno as well as London Tax associate Steve Quinn.
March 15, 2021
