Milbank LLP represented Bank of America and other arrangers in connection with a US$1.7 billion senior secured first lien term loan facility and the initial second lien lenders in connection with a US$540 million senior secured second lien term loan facility in support of CVC Capital Partners’ acquisition of ExamWorks, a medical technology company.
ExamWorks is a provider of independent medical examinations, peer reviews, bill reviews, Medicare compliance, case management, record retrieval, document management and related services.
The Milbank team was led by New York-based Global Leveraged Finance partners Marcus Dougherty and Michael Bellucci, who advised on the first lien financing with assistance from associates Chris Hahm and Eriq Yu, and New York-based Global Leveraged Finance special counsel Meir Hornung and special counsel Christopher Kwan, who advised on the second lien financing.
