Milbank LLP

Milbank advised the underwriters in connection with NatWest Markets Plc’s offering of $750M additional tier 1 capital notes. The Milbank team was led by Corporate Finance and Securities partner David Dixter, associates Kristian Sutt, Lefteris Dafermos, Matteo Bonacina, Andrew Wells and law clerk Christina Mouttet.

Milbank Global Risk & National Security and Transportation and Space partner Bijan Ganji was featured in Financier Worldwide Magazine’s 2024 Power Players list as a distinguished adviser for International Trade and Sanctions. In a Q&A with the publication, he discussed the multifaceted approach that he takes when addressing complex legal issues that arise within his practice, expectations for the expansion and growth of the international trade and sanctions areas, and the value of mentorship, among other topics: https://lnkd.in/e_H5M7Zt

Milbank Financial Restructuring London partner Kate Colman spoke on a panel titled “Guerrillas in our midst: international actions to thwart UK restructurings” at the Global Restructuring Review Live: Contentious Insolvency and Restructuring Conference in London on 20 November 2024. She was joined by Oliver Rule, partner, Enyo Law and Ben Shaw KC, barrister, Erskine Chambers. The panel was moderated by Georgina Peters, barrister, South Square. ? The panel took a deep dive into the challenges to UK restructuring processes via guerrilla “back-door” action. It also explored whether UK processes have suffered from the lack of asserted extraterritorial effect, especially post-Brexit. More information can be found here: https://lnkd.in/eam3Cszr

Milbank advised the note purchasers in connection with the private placement by Borr IHC Limited, Borr Finance LLC and certain other subsidiaries of NYSE and Oslo Stock Exchange-listed Borr Drilling Limited of approximately $180M in aggregate principal amount of senior secured notes due 2030.?The Milbank team was led by Corporate Finance and Securities partners Apostolos Gkoutzinis and Trevor Truman, associate Manel Mostefaoui and legal assistant Kyriaki K. Read more: https://lnkd.in/ggJMDkfp

Milbank advised Lumina Capital Management in connection with the refinancing of New Fortress Energy Inc.’s business in Brazil, which comprises an integrated portfolio of LNG terminals and downstream gas/power projects. The Milbank team advising Lumina was led by?Dan Bartfeld?and?Jonathon Jackson?in New York, and?Tobias Stirnberg?in S?o Paulo. The team also included special counsel?Fernando Capell?o, associates?Elora Farias?and?Natália Marques d'Avila?and international attorney Rafaella Boccia. Read more:?https://lnkd.in/e5SDz7gT

Earlier this week, Milbank partner Gurbir Grewal delivered the 2024 Frank H. Menaker Corporate Integrity & Ethics Lecture at the American University Washington College of Law. The lecture honors the legacy of Frank Menaker, who served as Senior Vice President and General Counsel at Lockheed Martin, among other roles, and was responsible for creating one of the earliest and most robust corporate compliance and ethics frameworks. During his lecture, Gurbir drew on his nearly two decades of experience as a prosecutor and regulator, and shared his observations regarding the major corporate scandals and frauds of that period, including a number that he investigated, the negative impact they have had on the public’s trust and confidence in our markets, and strategies to effect proactive compliance.?

Milbank #Antitrust?partner and former FTC Chief Trial Counsel?James Weingarten?discussed potential changes to the current antitrust #enforcement regime under the new presidential administration for a recent Global Competition Review article. Read more: https://lnkd.in/ec2ERmjn

Milbank’s London office had the pleasure of co-hosting the European Leveraged Finance Association (ELFA) Annual Conference 2024. The event brought together ELFA members alongside invited borrowers, regulators, advisers and banks to network and discuss key market issues. Milbank’s European Leveraged Finance/Capital Markets partner Apostolos Gkoutzinis delivered an introduction to the event and discussed trends and market dynamics on the high yield panel; Alternative Investments partner Alex Martin spoke on a panel addressing the impact of CLOs on the leveraged finance market; and European Leveraged Finance/Capital Markets partner Alexandra Grant participated in a panel discussion focused on private credit. ? Thank you to everyone who attended, we look forward to connecting again soon!

Milbank advised Allianz X in connection with its participation in a $300 million Series E investment round conducted by Ualá, the Latin American neobank founded in Argentina. Allianz X was the lead investor in the round, which values the company at $2.75 billion on a post-money basis. The investment marks one of the largest growth equity fundraising rounds in Latin America in the past three years as well as Allianz X’s first investment in the region. The Milbank deal team was led by Global Corporate/M&A partners Dr. Sebastian Heim and Francisco Nu?ez along with associates Bianca Prikazsky and Dan Carolan. The team also included Global Corporate/M&A associate Lucy Reville and international attorney Luis Felipe García Rubio; Corporate Finance and Securities partner Jonathon Jackson and special counsel Gonzalo Guitart; Tax special counsel Andrew Callaghan and associate Jade Du Berry; Antitrust partner Dr. Alexander Rinne and associate Jan Maas; Global Risk & National Security partner Bijan Ganji and associates Brian Murff and Clayton Melton; and Alternative Investments partner Catherine Martin. Read more: https://lnkd.in/eNfyPNhi

Pleased to share that Milbank’s role in the $860 million financing of a cathode active materials plant in Hungary was recognized at the Asian Legal Business (ALB) Korea Law Awards 2024. The transaction won in the Project Finance Deal of the Year category. The Milbank team was led by Global Project, Energy and Infrastructure Finance partner David Gartside in Seoul and included Seoul-based associate Chloe Kim and Tokyo-based associates Anthony Scott and Michael Tiralongo. ? Read more: https://lnkd.in/epYpqwCm