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News Jun 25, 2018

THE ROYAL BANK OF SCOTLAND GROUP’S $2 BILLION OFFERING

Shearman & Sterling represented the underwriters, led by NatWest Markets, in connection with The Royal Bank of Scotland Group plc's offering of $1.25 billion 4.519% fixed-rate/floating-rate senior notes due 2024 and $750 million floating rate senior notes due 2024. The joint bookrunners included BofA Merrill Lynch, Citigroup, Goldman Sachs & Co. LLC and Wells Fargo Securities.

The Royal Bank of Scotland Group, headquartered in Edinburgh, has a diversified customer base and provides a wide range of products and services to personal, commercial and large corporate and institutional customers.

The Team