Milbank LLP advised the administrative agent and financing sources in connection with a $900 million revolving credit facility for Nscale.
Nscale is an AI cloud computing company that provides software, compute and data center infrastructure for AI training and inference. The facility is available to provide Nscale with additional liquidity to invest in AI data center development and capital deployment across the United States, Europe and APAC.
The Milbank team was led by New York-based Global Leveraged Finance partner Benjamin Sayagh and Global Project, Energy and Infrastructure Finance partner Jaime Ramirez along with Global Leveraged Finance special counsel Morgan Lingar and associates Catherine Cohen, Alvaro Aleman and Lauren Sturm.
