![Milbank LLP [Katie Hicks]](https://www.milbank.com/a/web/uogfvSokvYvezzTpx6SAR9/aAyNf1/1-13262_pho_katie-hicks-headshots_option_2.jpg "Milbank LLP [Katie Hicks]")
Milbank LLP advised ELL, backed by BNP Paribas and Crédit Agricole Assurances, on the refinancing of its existing debt facilities to an English law governed common terms platform. This refinancing brings together a diversified group of leading bank lenders and private placement investors in the European and US markets, demonstrating ELL’s strong access to debt markets across different pools of liquidity and underlining confidence in the company’s business model, mature platform and long-term outlook.
ELL is a market leading electric locomotive lessor providing essential core infrastructure services to freight and passenger transportation operators across key European markets.
The Milbank team was led by Infrastructure Finance partners Katie Hicks, Jonathan Toffolo and Barbara Mayer-Trautmann, associates Katharine Ward, Rhodri Lewis, Shehan Canagasingham and Atul Diwakar and trainee Alexander Harper. The team was supported by Milbank Germany consulting partner Markus Muhs and associates Leopold Oesterheld, Darius Beike and Christoph Wolf; Tax partners Alan Rafferty and Joel Krasnow, special counsel Shaul Steinberg and Sharon Mori and associate Max Norman; Alternative Investments partner Robert Wyse Jackson, special counsel Joel Cavanaugh and associates Tiiu Lemsalu and Laura Neuhaus; and Corporate Finance and Securities partner Trevor Truman and associate Harshil Bansal.
