5.1
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Opinion of Davis Polk & Wardwell LLP, U.S. counsel to the Issuer and the Guarantor, with respect to the validity of the Securities under New York law.
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5.2
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Opinion of Dundas & Wilson CS LLP, Scottish counsel to the Issuer and the Guarantor with respect to the Securities, as to certain matters under Scots law.
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The Royal Bank of Scotland Group plc
(Registrant)
|
||||
By:
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/s/ Robert Hammer
|
|||
Name:
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Robert Hammer
|
|||
Title:
|
Authorized Signatory
|
|||
April 18, 2012
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New York
Menlo Park
Washington DC
São Paulo
London
|
Paris
Madrid
Tokyo
Beijing
Hong Kong
|
Davis Polk & Wardwell LLP
450 Lexington Avenue
New York, NY 10017
|
212 450 4000 tel
212 450 5800 fax
|
The Royal Bank of Scotland plc
|
2
|
April 18, 2012
|
The Royal Bank of Scotland Group plc
|
The Royal Bank of Scotland plc
|
3
|
April 18, 2012
|
The Royal Bank of Scotland Group plc
|
Title of Securities
|
Date of Final Pricing Supplement
|
Aggregate Offering Amount
|
CUSIP
|
RBS China TrendpilotTM Exchange Traded Notes due April 18, 2042
|
April 13, 2012
|
$100,000,000.00
|
78009P150
|
Our ref
|
DIC/RBG001.0232
|
Your ref
|
-
|
The Royal Bank of Scotland Group plc
RBS Gogarburn
PO Box 1000
Edinburgh
EH12 1HQ
|
18 April 2012
|
1.
|
the Issuer and the Guarantor are duly incorporated and validly existing under the laws of Scotland;
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2.
|
the Issuer (in the case of the Notes) and the Guarantor (in the case of the Guarantees) have the necessary corporate power to create, issue, and sell the Securities; and
|
3.
|
the issue and sale of the Securities have been duly authorized by all necessary corporate action by the Issuer and the Guarantor in conformity with the Indenture.
|
Title of Securities
|
Date of Issue
|
Aggregate Offering Amount
|
CUSIP
|
RBS China TrendpilotTM Exchange Traded Notes due 18 April 2042
|
18 April 2012 (date of final pricing supplement: 13 April 2012)
|
$100,000,000.00
|
78009P150
|
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