Milbank LLP represented Oak Hill Advisors, L.P. as a lead arranger and BMO Capital Markets Corp. as left lead arranger for the refinancing of Mammoth Holdings, a portfolio company backed by Red Dog Equity, The Pritzker Organization and CCMP Growth Advisors.
The private financing solution totaled over $500 million in size, including a unitranche term loan, delayed draw term loan and revolving credit facility.
Headquartered in Dallas, Texas, Mammoth Holdings is one of the largest car wash operating platforms in the United States and maintains a multi-brand portfolio with over one hundred locations across the country.
The Milbank teams were led by New York-based Global Leveraged Finance partners Marcus Dougherty and Spencer Pepper along with associates Natasha Graham and Adam Glynn.
