Jaguar Land Rover Automotive’s $1.1 Billion Senior Notes Offering

In UK Milbank LLP, advised on the matter.

Milbank LLP advised Jaguar Land Rover Automotive plc with a team including Apostolos Gkoutzinis (Picture – Debt Capital Markets), Randy Nahlé (Debt Capital Markets).

Jaguar Land Rover Automotive plc (“JLR”) announced its offering of US$500,000,000 Senior Notes due 2029 and €500,000,000 Senior Notes due 2028. The net proceeds of the bond offering will be used for general corporate purposes.

JLR designs, develops, manufactures and sells Land Rover and Jaguar vehicles and related parts, accessories and merchandise, and services. Land Rover is the global leader of luxury SUVs through its three families of Range Rover, Discovery and Defender. Jaguar is the first ever brand to offer a premium all-electric performance SUV, the Jaguar I-PACE.

The Milbank team was led by London Leveraged Finance/Capital Markets partners Apostolos Gkoutzinis (Picture) and Randy Nahlé and included special counsel Joji Ozawa, associate Carlos Cabrera and paralegals Panos Tsezos and Panos Apostolidis.

Involved fees earner: Carlos Cabrera – Milbank LLP; Apostolos Gkoutzinis – Milbank LLP; Randy Nahlé – Milbank LLP; Joji Ozawa – Milbank LLP;

Law Firms: Milbank LLP;

Clients: Jaguar Land Rover Automotive plc;

Author: Giulia Di Palma