Milbank‘s global leveraged finance group demonstrates its versatility through its ability to handle syndicated and direct lending options, loan and bond, preferred equity and other capital structures. With a strong lender-side practice, the team is well equipped to handle LBO financings, refinancings, dividend recapitalizations and repricing for credit facilities. The New York-based team is led by Marcus Dougherty  who draws on significant experience representing banks, direct lenders and leading financial institutions in acquisition financings. Lauren Hanrahan is highlighted as a key member of the team and has ample experience handling complex lending transactions such as, recapitalizations, mezzanine financings, exit facilities and special situation financings. Charles Stern is a further name to note and is well versed at representing investment banks, such as Goldman Sachs, Barclays, HSBC and MUFG. Meir Hornung and Christopher Kwan were promoted to partnership as of January 2023.  

Legal 500 Editorial commentary

Key clients

  • Goldman Sachs & Co. (Investment Banking Division)
  • Jefferies
  • Oak Hill
  • Oaktree
  • HSBC
  • Atlantic Park
  • Bank of Montreal
  • Charlesbank
  • Royal Bank of Canada
  • KeyBank
  • Nomura
  • Credit Suisse Asset Management

Work highlights

  • Represented the financing sources in KKR’s acquisition of Simon & Schuster, including an approximately $1 billion term loan facility.
  • Represented the financing sources in Blackstone’s acquisition of Cvent Holding Corp.
  • Advised the agent, lenders, arrangers and underwriters in the financing of the take-private acquisition of Avantax, Inc. and its subsidiaries by Cetera Financial Group, Inc. (a Genstar portfolio company).

Lawyers

Hall of Fame
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Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
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.

Marcus Dougherty

Other key lawyers

Lauren Hanrahan, Charles Stern, Meir Hornung, Christopher Kwan, Benjamin Sayagh