May 27, 2026

Milbank Advises Lead Arrangers on Repricing of Term Loans for Legence Corporation

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Milbank LLP represented the lead arrangers and certain financing sources in connection with a repricing of Legence Corp.s (“Legence”) (NASDAQ: LGN) $995 million term loan credit facility for a reduction in pricing.

Legence is a provider of engineering, consulting, installation and maintenance services for buildings, specializing in designing, fabricating and installing complex HVAC, process piping and other mechanical, electrical and plumbing systems.

The Milbank team was led by New York-based Global Leveraged Finance partners Marcus Dougherty and Benjamin Sayagh with support from associates Qianfeng Lin and Xiao Chang.