Slaughter and May, working as a team with Cleary, Gottlieb Steen & Hamilton LLP, advised Santander UK Group Holdings plc in relation to the issue of US$ 1,000,000,000 notes under its SEC registered US shelf facility.

The issue, announced on 8 January 2016, comprises a single tranche of US$ 1,000,000,000 3.125% notes due 2021.

The joint book-running managers for the issuance were Barclays Capital Inc., Credit Suisse Securities (USA) LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Santander Investment Services Inc. and UBS Securities LLC.

CONTACTS

Financing: Miranda Leung (partner), Stephen Fishbourne (associate), Chris Armstrong; Tax: Sara Luder (partner), Mike Ringer (associate); Financial Regulation: Helen McGrath (associate)