December 15, 2020

Milbank Advises Bank of Montreal in Refinancing for Employers Holdings

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Milbank LLP represented BMO Capital Markets as sole lead arranger and sole bookrunner and Bank of Montreal as administrative agent in connection with a revolving credit facility for insurance company Employers Holdings, Inc. (“Employers Holdings”) (NYSE: EIG).

Employers Holdings is a holding company engaged in commercial property and casualty insurance, specializing in workers' compensation products and services. Its subsidiaries are specialty providers of workers’ compensation insurance and services focused on select, small businesses engaged in low-to-medium hazard industries.

The Milbank team was led by New York-based Global Leveraged Finance partner Charles Stern.