Milbank LLP advised the sole lead arranger and bookrunner in connection with a $200 million syndicated revolving credit facility granted to Arcos Dorados Holdings Inc. and its subsidiary Arcos Dorados B.V.
Arcos Dorados is the world’s largest independent McDonald’s franchisee, with the right to own, operate and grant franchises in 20 countries and territories in Latin America and the Caribbean.
“We are proud to have advised our clients on this significant financing,” said Marcelo Mottesi, chair of Milbank’s Corporate Finance and Securities practice and co-head of the firm’s Latin America group. “This transaction underscores our continued commitment to supporting leading companies in securing flexible funding solutions to advance their strategic objectives.”
The Milbank deal team was led by Mr. Mottesi with Corporate Finance and Securities special counsel Andres Osornio Ocaranza, associate Fernando Quezada and international attorney Hugo Bruzone.