RK&O represents RBS in loan portfolio sale to Mizuho

April 27, 2015

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 New York Times DealBook article.

Click here to read The Deal story about the February transaction. (subscription required)