Shearman & Sterling represented the underwriters, led by NatWest Markets Securities Inc., in connection with The Royal Bank of Scotland Group’s offering of $750 million fixed-to-fixed reset rate subordinated tier 2 notes due 2029. The joint bookrunners included BofA Securities, Credit Suisse and RBC Capital Markets.
The Royal Bank of Scotland, 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