Milbank's practice effectively marries high-level technical/legal knowledge with deep commercial understanding for a creditor-focused client base. Under the expert leadership of the vastly experienced Suhrud Mehta, the team is regularly engaged in high-profile big-ticket deals, where it is able to draw upon bank and bond expertise as well as a nuanced understanding of a myriad of finance products including European and US-style documentation. Investment banks continue to inform a significant portion of the deal flow, however, the firm has also made strong inroads into the private credit market. Here the firm is regularly involved in the less commoditised mid-market deals, with Mehta, Alexandra Grant and recently promoted partner Laura Bonamis handling high-profile work for credit funds financing acquisitions. Sarbajeet Nag is also a key member of the team.
Key clients
- Goldman Sachs
- Bank of America
- Barclays
- UBS
- BNP Paribas
- Citigroup
- Credit Suisse
- RBC / NatWest
- Jefferies
- SoftBank
- Park Square
- KKR Credit
- Carlyle Credit
- HPS
- CVC Credit
Work highlights
- Advised the mandated lead arrangers in connection with Swissport’s implementation of a refinancing and dividend recapitalisation transaction including a new €1.25bn equivalent term loan B facility and $250m revolving credit facility.
- Advising a group of ten private credit funds on the £1.25bn financing for EQT’s £4.5bn cash offer to acquire Dechra Pharma plc.
- Advising the financing sources on Permira and Blackstone’s private credit loan financing for a voluntary tender offer to acquire all of the outstanding ordinary Class A shares in Adevinta ASA.
Lawyers
Practice head
The lawyer(s) leading their teams.
Suhrud Mehta