Milbank Advises Initial Purchasers and Lenders in Connection with Transcom Holding AB (publ) Bond and RCF

Milbank LLP has advised the initial purchasers in connection with Transcom Holding AB (publ)’s (“Transcom”) offering of €315 million Senior Secured Floating Rate Notes due 2026 and the lenders in connection with the Transcom’s €45 million super senior revolving credit facility. 

Transcom predominantly used the proceeds of the offering for a refinancing of its outstanding debt and for payment for the acquisition of TMS Connected! GmbH & Co. KG. Transcom is owned by Altor,  a leading European investment group.

The Milbank team was led by European Leveraged Finance/Capital Market partners Rebecca Marques and Suhrud Mehta with associates Melanie Probst, Michael Gatter, Henry Madell and Nina Marot. The team also included London Tax associate Steve Quinn as well as New York Tax partner Andrew Walker and associate Ben Heller.