Milbank LLP has advised Barclays, Bank of America, Citigroup, RBC, Wells Fargo, BNP Paribas and Société Générale as initial purchasers on BAE Systems’ offering of US$1.0 billion 1.900% Notes due 2031 and US$1.0 billion 3.000% Notes due 2050.
The team was led by London Capital Markets partner Tim Peterson and supported by associates Jordan Zaluski, Ignacio Perez Bessio and Anish Mohanty. The team also included US and UK tax associates David Hanno and James Seddon.
BAE Systems is a British multinational defence, security, and aerospace company which provides some of the world’s most advanced, technology-led defence, aerospace and security solutions and employs a skilled workforce of some 85,000 people in over 40 countries. BAE Systems was represented by Cravath Swaine & Moore LLP and Linklaters LLP.