Milbank LLP represented the lenders and lead arrangers in providing a $3.25 billion incremental term loan facility and a $175 million incremental revolving increase in connection with the merger of Information Resources, Inc. (“IRI”) with Hellman & Friedman’s (“H&F”) portfolio company, the NPD Group (“NPD”). Together, IRI and the NPD Group offer a comprehensive view of consumer behavior, total retail purchasing and consumption trends across a wide range of industries. Milbank also represented the lenders and lead arrangers in connection with the $1.2 billion first lien senior secured financing package to support the acquisition of NPD by H&F.
The Milbank team was led by New York-based Global Leveraged Finance partners Marcus Dougherty and Lauren Hanrahan, along with Global Leveraged Finance associates Emily Rutcofsky, Patrick Sobchak, Christine Qin and Oscar Campos.