Milbank LLP represented the lead arrangers and certain revolving facility lenders in a comprehensive refinancing of Bumble Inc.’s (“Bumble”) (NASDAQ: BMBL) capital structure. The transaction established a $475 million term loan facility and a new $50 million revolving credit facility, with STORY3 Capital among the term loan investors. Proceeds from the new facilities were used to refinance Bumble’s existing credit facilities, which were originally established in an acquisition financing transaction that closed in January 2020 — a deal for which Milbank also represented the lead arrangers. The refinancing closed on April 24, 2026.
Bumble is a global technology company that operates online dating and social connection platforms, including its flagship Bumble app, Badoo and BFF.
The Milbank team was led by New York-based Global Leveraged Finance partners Marcus Dougherty and Benjamin Sayagh, and associates George Miller, James Wang and Alvaro Aleman.