Freshfields and Linklaters scoop key roles on RBS £12bn rights issue

Freshfields Bruckhaus Deringer and Linklaters have secured the key legal roles in Royal Bank of Scotland's (RBS) record £12bn rights issue. RBS has turned to long-standing advisor Linklaters as it bids to repair the damage done to its balance sheet by sub-prime losses. Freshfields is advising the underwriting banks, Goldman Sachs, Merrill Lynch and UBS.