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.

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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

Hall of Fame
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Leading partners
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Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Suhrud Mehta

Other key lawyers

Alexandra Grant, Sarbajeet Nag, Laura Bonamis