Banking and Leveraged Finance

Deep Bench of Experienced Partners and Associates Because Experience Matters.

With one of the largest and most experienced teams in this field, we assist clients on some of the most advanced and complicated leveraged finance transactions in the world.

Milbank's Banking and Leveraged Finance Group represents underwriters, lenders, private equity sponsors, strategic investors, issuers and borrowers on a broad array of financings, including:

  • First and second lien loans, bridge loans, secured and unsecured high-yield bonds and mezzanine financing
  • Leveraged buyouts, other acquisition financings, leveraged recapitalizations and going-private transactions
  • Working capital and letter of credit facilities
  • Financings for investment-grade and sub-investment-grade borrowers
  • Debtor-in-possession financings and exit financings
  • Restructurings
  • Vendor financings
  • Structured financings
  • Asset-based lending and securitization.

Global Reach

We combine our experience in structuring complex international transactions with relevant local knowledge and expertise to deliver first-rate advice and service. Our international presence and experience are particular strengths for challenging, multi-jurisdictional transactions, such as financings for cross-border acquisitions and global, multi-currency credit facilities for businesses operating in many countries.

Authority on Loan Transactions and Regulatory Matters

As evidence of our expertise in this area, partners in our Banking and Leveraged Finance Group authored the The LSTA’s Complete Credit Agreement Guide, considered an authoritative source on legal issues related to the syndicated loan markets and the recipient of the Burton Award for Legal Writing. Our regulatory practice has extensive experience in advising financial institutions on a wide range of regulatory issues, including capital requirements, anti-tying restrictions, margin regulations, limitations on transactions with affiliates, lending limits for loans to a single borrower, broker-dealer registration requirements and provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act, including the Volcker Rule.

Specialized Industry Expertise

We regularly advise and consult with the Board of Governors of the Federal Reserve System, the Office of the Comptroller of Currency, the Federal Deposit Insurance Corporation, other federal and state regulators and clients in various industries. Key sector expertise includes the following industries: 

Multi-Disciplinary Teamwork

Our Banking and Leveraged Finance Group consists of a dedicated group of partners and associates focused on executing leveraged finance transactions globally, bringing together a single team consisting of the following practices:  Corporate, Environmental, Financial Restructuring, Intellectual Property, Litigation & Arbitration, M&A, Project Finance, Real Estate, Financial Regulation, Securities and Tax.