Milbank LLP has advised the initial purchasers in connection with Omnia Technologies S.p.A.’s (“Omnia”) offering of €100 million senior secured floating rate notes due 2031 (the “Offering”) and the upsizing of its super senior revolving credit facility.
Omnia is a leading global provider of automated machinery operating in the food, beverage, pharmaceutical and medical sectors, with a focus on wine and spirits across Europe, North America and Asia-Pacific. Omnia is owned by the global investment firm Investindustrial.
The proceeds from the Offering will be used to repay Omnia’s existing indebtedness, fund general corporate purposes and pay fees and expenses related to the Offering.
The Milbank team was led by Corporate Finance and Securities partners Trevor Truman and Apostolos Gkoutzinis, associate Manel Mostefaoui and law clerk Antonio Teodorescu. The team also included European Leveraged Finance partner Tristram Gargent and associate Raiyan Chowdhury.