Milbank LLP has advised the dealers, led by NatWest Markets Securities Inc., in connection with NatWest Markets Plc’s offering of $850 million 5.416% senior notes due 2027, $1 billion 5.410% senior notes due 2029, $500 million floating rate senior notes due 2027 and $400 million floating rate senior notes due 2029 under NatWest Markets’ $10 billion US Medium-Term Note Programme. The dealers also included Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, Scotia Capital (USA) Inc., TD Securities (USA) LLC, BMO Capital Markets Corp. and CIBC World Markets Corp.
NatWest Markets Plc is a member of NatWest Group, the largest business and commercial bank in the UK, with a leading retail business.
The Milbank team was led by partner David Dixter, with associate Kristian Sutt, law clerk Caroline Green and legal assistant Alexander Hamilton.
