Linklaters has secured a trophy mandate acting on the record £12bn rights issue by the Royal Bank of Scotland (RBS) - the largest of its kind to date. Linklaters is advising the bank - the UK's second-largest lender and a long-term client of the magic circle firm - on the issue, announced yesterday (22 April), which comes with RBS set to announce write-downs of £5.9bn in sub-prime-related assets.
April 23, 2008 at 07:30 AM
1 minute read
The original version of this story was published on Legalweek
Linklaters has secured a trophy mandate acting on the record £12bn rights issue by the Royal Bank of Scotland (RBS) – the largest of its kind to date.
Linklaters is advising the bank – the UK’s second-largest lender and a long-term client of the magic circle firm – on the issue, announced yesterday (22 April), which comes with RBS set to announce write-downs of £5.9bn in sub-prime-related assets.
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