Milbank LLP advised GoldenTree Asset Management, Silver Point Capital and other lenders in connection with the amended term loan facility for Iron Oak Energy Solutions LLC’s (“Iron Oak Energy”) acquisition of all of the operating assets of Signal Peak Silica LLC (“Signal Peak”).
Through the Signal Peak acquisition, Iron Oak Energy adds two leading plants in the Eagle Ford shale and now operates five complementary plants within the basin.
Iron Oak Energy is a premier provider of frac sand products and solutions for the oil and natural gas markets across North America.
The Milbank team was led by New York-based Global Leveraged Finance partner Spencer Pepper, along with associates Joseph Principato and Madison Ailts.
