The addition of Davide Mencacci and John Bona has significantly boosted Milbank’s presence in the market, effectively capitalising on the firm’s extensive finance capabilities across the US and Europe to the benefit of a clientele with a focus on lenders. Mencacci, who leads the practice, holds strong and longstanding relationships on both the creditor and debtor side, frequently advising private equity firms, investment banks, lenders, and credit funds. Bona’s arrival, aligned with a focus on private equity, has propelled the firm’s leveraged and acquisition practice to a prominent position in the market. Both lawyers have recently been involved in valuable creditor-side work across Asia and Europe, securing roles on prominent LBO transactions in the Asian market and bringing their sophisticated expertise in European and NY financial products to Asian creditors. The team’s proficiency across a wide range of financial products, including bank/bond, bridge to bond, unitranche, and processes involving the US Term Loan B market, is another notable advantage, offering a level of adaptability highly sought after in the market.
Testimonials
Collated independently by Legal 500 research team.
- 'Expert knowledge, deep experience, commercial and solutions-focused'.
- 'The practice is led by Davide Mencacci, working with his long-time lieutenant John Bona, with a prior strong track record of working together at Linklaters. Davide and John have successfully expanded the scope of their practice to India and SEA over the past few years. They are both highly-experienced, very knowledgeable and thoughtful, as well as commercial in their approach to negotiations and strong focus on finding consensus to be able to get transactions over the line.'
Key clients
- Permira
- BPEA EQT (formerly Barings Private Equity Asia and EQT Asia)
- CVC
- Carlyle
- Hillhouse
- KKR and KKR Credit
- PAG
- Goldman Sachs (IBD and MBD)
- HSBC
- JP Morgan
- Canada Pension Plan Investment Board (CPPIB)
- Partners Group
- Pierfront Capital
- Digital Edge (a Stonepeak fund)
- BNP Paribas
- Deutsche Bank
- DBS
- Bank of China
- China Construction Bank
- Nomura
Work highlights
- Advising the mandated lead arrangers in connection with the US$1.66bn US Term Loan B acquisition financing to BPEA EQT (formerly Barings Private Equity Asia) for the merger of Vistra Group and Tricor Group.
- Acted for the lenders in the US$605m financing for the acquisition of HCP Packaging, a major PRC-based global cosmetics packaging company.
- Advised a lender group of international financial institutions as the mandated lead arrangers in relation to the US$220m term loan and US$40m revolving facility financing of Platinum Equity’s acquisition of Hop Lun Limited, a Hong Kong-headquartered women’s fashion company.
Lawyers
Practice head
The lawyer(s) leading their teams.
Davide Mencacci