Shearman And Sterling

News Sep 01, 2020

Natwest Group’s $850 Million Notes Offering

Shearman & Sterling represented the underwriters, led by NatWest Markets Securities Inc. and Morgan Stanley & Co. LLC, in connection with NatWest Group plc’s (formerly The Royal Bank of Scotland Group plc) offering of $850 million fixed-to-fixed reset rate subordinated tier 2 notes due 2035. The joint bookrunners included BofA Securities, Inc. and RBC Capital Markets, LLC.

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

The Team

Regional Experience