Milbank LLP represented KeyBanc Capital Markets Inc., Wells Fargo Securities, LLC, Citizens Bank N.A., and J.P. Morgan Chase Bank N.A., as joint Lead Arrangers and joint Bookrunners, Keybank National Association, as administrative agent, the other agents and the lenders in connection with the financing of a senior secured first lien revolving credit facility of $400 million and a senior secured first lien Term Loan A facility of $300 million to support Sterling Infosystems, Inc.’s refinancing of its prior credit facility.
Sterling Infosystems, Inc. operates as a leading provider of background and identity verification services. Its parent company, Sterling Check Corp. (NASDAQ: STER), went public in September 2021.
The Milbank team was led by New York-based Global Leveraged Finance partner Lauren Hanrahan along with associates Alexis Soshnick, Nicole Rose, Greg Arpino and Jordan Hall.
