Milbank, Tweed, Hadley & McCloy LLP represented Highbridge Principal Strategies, LLC, in connection with a $330m term loan facility which was used to finance Rizvi Traverse Management’s acquisition of global visual technology company RealD Inc.
Rizvi Traverse Management, LLC, is a leading private equity investor in the media, entertainment and technology sectors and RealD is a leading 3D cinema technology firm, making technology and glasses for watching 3-D movies.
The financing closed on March 24 and was led by Milbank Alternative Investments Practice Group Leader Al Pisa together with Special Counsel John Britton and associate Yigal Gross. Mr. Pisa and Mr. Britton are members of Milbank’s Direct Lending Practice. Also providing advice was Intellectual Property Special Counsel, Philip Chen. About Milbank Milbank, Tweed, Hadley & McCloy LLP is a leading international law firm that provides innovative legal services to clients around the world. Founded in New York 150 years ago, Milbank has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, São Paulo, Seoul, Singapore, Tokyo and Washington, DC. Milbank’s lawyers collaborate across practices and offices to help the world’s leading commercial, financial and industrial enterprises, as well as institutions, individuals and governments, achieve their strategic objectives.
