Milbank LLP has advised Chane on its €1.3 billion debt refinancing, streamlining and optimizing its capital structure. The financing is underpinned by an investment-grade rating, with the new facilities secured across a diversified range of tenors from both bank and institutional lenders.
Chane is one of the leading independent bulk storage operators in Europe, specializing in storage solutions for a diverse range of liquid bulk products, in addition to distillation and ancillary services.
The Milbank team was led by Infrastructure Finance partners Katie Hicks and Jonathan Toffolo, associates Hattie Jones, Franca Kim and Maxwell Short, trainees Alex Dalziel and Tom Shurman. The team also included Corporate Finance and Securities partner Paul Denaro and associate Egzon Sulejmani (New York), Alternative Investments Group partners James Warbey, and Catherine Leef Martin (New York), special counsel Robert Wyse Jackson and Joel Cavanaugh (Washington DC), and associate Lauren Beattie, Executive Compensation partner Joel Krasnow (New York) and Tax partner Alan Rafferty, associate Freddy Pilkington and trainee Archie Hunt.