Shearman And Sterling

News November 17, 2020

Natwest Group Plc’s £1 Billion Sec Registered Contingent Convertible Additional Tier 1 Capital Notes Offering

Shearman & Sterling represented the underwriters, led by NatWest Markets plc in connection with NatWest Group plc’s (formerly The Royal Bank of Scotland Group plc) offering of £1.0 billion aggregate principal amount of 5.125% reset perpetual subordinated contingent convertible additional tier 1 capital notes. The joint lead managers included Banco Santander, S.A., Citigroup Global Markets Limited, Credit Suisse Securities (Europe) Limited and J.P. Morgan Securities plc.

Headquartered in Edinburgh, NatWest Group plc has a diversified customer base and provides a wide range of products and services to personal, commercial and large corporate and institutional customers.

The Shearman & Sterling team below also included associate Harekrishna Ashar.

The Team