Slaughter and May advised M&G plc on the establishment of its £10 billion Medium Term Note Programme

Slaughter and May advised M&G plc on the establishment of its £10 billion Medium Term Note Programme (the “Programme”). The Programme enables M&G plc to issue senior and subordinated notes capable of qualifying as Tier 2 capital for regulatory purposes.

The dealers under the Programme are Barclays, Citigroup, Deutsche Bank, Goldman Sachs International and NatWest Markets. Barclays also acts as arranger in connection with the Programme.