Richards Kibbe & Orbe LLP recently represented The Royal Bank of Scotland in the sale of a $5.6 billion loan portfolio to Mizuho Financial Group of Japan. This is the second loan asset sale by RBS in as many months. RK&O, together with Simpson Thacher & Bartlett, also represented RBS in the sale of a $36.5 billion loan portfolio to Mizuho in February 2015. After the completion of this sale, RBS will have divested nearly two thirds of its North American loan portfolio.
The RK&O team for these transactions included Jennifer Grady, Paul Haskel and James Ohlig.
Click here to read The Deal story about the February transaction. (subscription required)