Milbank LLP represented MGM Resorts International (“MGM”) (NYSE: MGM) as borrower in connection with a new $1.675 billion revolving facility.
Founded in 1986 in Las Vegas, MGM is an American global hospitality and entertainment company with national and international locations that feature hotels and casinos, meetings and conference spaces, live and theatrical entertainment experiences, and an array of restaurant, nightlife and retail offerings. The MGM portfolio includes 29 hotel and destination gaming offerings including Bellagio, MGM Grand, ARIA and Park MGM.
The Milbank team was led by New York-based Global Leveraged Finance partner Lauren Hanrahan and Global Capital Markets partner Rod Miller, with assistance from Global Leveraged Finance associates George Miller and Camille Gibeault.