Milbank received two awards at the IFLR Americas Awards ceremony on May 18. The firm earned the “Loans Team of the Year” award at IFLR’s 12th annual Americas Awards. In addition, the firm’s representation of the lead arrangers in the US$450 million and AR$2,205 million syndicated secured bridge loan facility to finance Pampa Energía S.A.’s acquisition of approximately 67% stake in Petrobras Argentina S.A. was recognized as the “Deal of the Year” in the Loans category.
The IFLR Americas Awards recognize the region’s most innovative and complex deals and the firms that worked on them.
“These awards recognize not only the quality of Milbank’s loan teams across the US, Europe and Latin America, but also the strength across our banking, capital markets and leveraged finance practices,” said Marc Hanrahan, Milbank’s Leveraged Finance Group Leader. “We are proud that our commitment to innovation was recognized by IFLR as we partner with our clients on their most complex transactions.”
“To be recognized for these awards is an honor. The awards are a reflection of the successful year Milbank had in 2016 advising on some of the largest and high-profile matters around the world, including in Latin America, the Pampa Energía deal, one of Argentina’s largest acquisitions in recent years,” said Capital Markets partner Carlos Albarracín, who led the Milbank team on the Pampa Energía financing and three other nominated transactions (Ecopetrol, Pacifico Tres and Arcos Dorados).
In addition to these awards, the firm was nominated for practice area awards for Project Finance and Restructuring as well as for the following Deal of the Year awards: Secondary public offering by South American retailer Cencosud (Equity); Colombia state oil company Ecopetrol’s reopening of SEC-registered notes (High Yield); Multi-jurisdictional financing for Peru beverage-maker Aje Group (Loans); Revolving credit facility for Chile-based LATAM Airlines (Loans); Expansion of Santiago, Chile’s Arturo Merino Benítez International Airport (Project Finance); Bancolombia Pacifico Tres - Colombia toll road concession program (Project Finance); Gol Linhas Aereas Inteligentes debt - Brazilian airline Gol Linhas’s bond/debt reduction deal (Restructuring); and South America McDonald’s franchiser Arcos Dorados (Securitization).
