Milbank Advises Mandated Lead Arrangers in £425 Million Acquisition by Bridgepoint Capital

Milbank, Tweed, Hadley & McCloy LLP advised a group of international lenders and agents in the provision of credit facilities for a series of acquisitions by Bridgepoint Capital.

Milbank’s clients provided a £425 million term facility, £50 million term acquisition facility, and £60 million super senior revolving credit facility in connection with Bridgepoint’s acquisition of Zenith Group Holdings Ltd., a conference and event planning firm, for £370 million; and the add-on acquisition for £55 million of Contract Vehicles Holdings Ltd., which rents and leases trucks and heavy vehicles, and two of its car-leasing subsidiary businesses.

The Milbank team was led by Global Leveraged Finance partner Suhrud Mehta, senior associate Alexandra Schofield, special counsel Trevor Truman and associate Catherine Molony.