Shearman & Sterling represented NatWest Markets Securities Inc., Goldman Sachs & Co. LLC and UBS Securities LLC, in connection with NatWest Group plc’s (formerly The Royal Bank of Scotland Group plc) any and all cash tender offers of four series of its outstanding U.S. dollar denominated notes.

An aggregate principal amount of $1,974,279,000 Notes were purchased pursuant to the Tender Offers and settlement took place on September 24, 2020.

NatWest Group, headquartered in Edinburgh, has a diversified customer base and provides a comprehensive range of banking products and related financial services to personal, commercial and large corporate and institutional customers.

The Team