Milbank LLP represented Goldman Sachs Lending Partners LLC, JPMorgan Chase Bank, N.A., Barclays Bank PLC, Wells Fargo Securities LLC and Morgan Stanley Senior Funding Inc. as joint lead arrangers and joint bookrunners, and Goldman Sachs Lending Partners LLC as administrative agent and collateral agent in connection with a $1.995 billion term loan facility and $300 million revolving credit facility to AmWINS Group Inc. (“AmWINS”). The loan will be used to refinance AmWims’ existing indebtedness, and for working capital and general corporate purposes.
Headquartered in Charlotte, North Carolina, AmWINS, a provider of property and casualty brokerage and distribution services, has focused on the wholesale insurance industry since 1998.
The Milbank team was led by New York-based Global Leveraged Finance partner Lauren Hanrahan with associates Christopher Kwan, Morgan Lingar and Ray Andrada.