Shearman & Sterling Advises on $2.0 Billion Bond Offering by The Royal Bank of Scotland

Shearman & Sterling represented the underwriters (led by RBS Securities Inc.) in connection with The Royal Bank of Scotland Group plc’s global offering of $2.0 billion of 2.550% Senior Notes due 2015.

The RBS Group is one of the world’s largest banking and financial services organizations. It is headquartered in Edinburgh and provides a wide range of products and services to personal, commercial and large corporate and institutional customers in over 50 countries.

The Shearman & Sterling team of lawyers in the firm’s London and New York offices included capital markets partner Apostolos Gkoutzinis, associates Marwa Elborai, Yaw Asare and Dimosthenis Papanikolaou and trainee Savas Manoussakis. Associate Derek Kershaw advised on tax aspects of the offering.

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