Milbank Advises Jaguar Land Rover on $1.1 Billion (Equivalent) Senior Notes Offering

Milbank LLP has advised Jaguar Land Rover Automotive plc (“JLR”) as issuer in connection with its offering of US$500,000,000 Senior Notes due 2029 and €500,000,000 Senior Notes due 2028. The net proceeds of the bond offering will be used for general corporate purposes.

JLR designs, develops, manufactures and sells Land Rover and Jaguar vehicles and related parts, accessories and merchandise, and services. Land Rover is the global leader of luxury SUVs through its three families of Range Rover, Discovery and Defender. Jaguar is the first ever brand to offer a premium all-electric performance SUV, the Jaguar I-PACE.

The Milbank team has worked on all of the automotive company’s bond offerings since 2011.

The Milbank team was led by London Leveraged Finance/Capital Markets partners Apostolos Gkoutzinis and Randy Nahlé and included special counsel Joji Ozawa, associates Carlos Cabrera, Panos Tsezos and paralegal and Panos Apostolidis.