![Milbank LLP [Facundo Gonzalez Bustamante]](https://www.milbank.com/a/web/byHJi4jLYGpRH4gVPBPzbE/9nbQqj/gonzalez-bustamante-facundo-lon-web.jpg "Milbank LLP [Facundo Gonzalez Bustamante]")
![Milbank LLP [Michail Plataniotis]](https://www.milbank.com/a/web/7zAiabzDL7fiCPtHzSPVYq/aAyMZo/plataniotis-michail-lon-web.jpg "Milbank LLP [Michail Plataniotis]")
Milbank LLP represented the initial purchasers in connection with (i) Ardonagh Finco Limited’s offerings of $200 million 7¾% senior secured notes due 2031 and €85 million 6⅞% senior secured notes due 2031, and (ii) Ardonagh Group Finance Limited’s offering of $100 million 8⅞% senior notes due 2032.
The proceeds of the offerings will be used for general corporate purposes, including acquisition opportunities, and to pay related fees and expenses.
Ardonagh is the largest independent insurance broker in the United Kingdom and among the largest globally.
The Milbank team was led by European Leveraged Finance/Capital Markets partner Rebecca Marques, special counsel Melanie Probst, and associates Harshavardhan Sunder, Facundo González Bustamante and Michail Plataniotis.
