Milbank LLP represented Goldman Sachs Lending Partners LLC, Macquarie Capital (USA) Inc., Deutsche Bank Securities Inc. and Citigroup Global Markets Inc. as lead arrangers and Deutsche Bank AG New York Branch as administrative agent and collateral agent in the incurrence of a $325 million first lien term loan facility and a $75 million super senior revolver by Neovia Logistics, LP (“Neovia”) in connection with a comprehensive recapitalization and refinancing of the company’s balance sheet.
Neovia is a global leader in third-party logistics, operating more than 100 facilities in 20 plus countries across six continents. Neovia provides logistics services and supply chain operation management support to leading companies in the automotive, industrial, aerospace and technology sectors.
The Milbank Global Leveraged Finance team was led by partner Lauren Hanrahan and included associates Christopher Kwan, Morgan Lingar and Taylor Andrews. The Milbank Capital Markets team was led by partner Rod Miller and included special counsel Jonathon Jackson.
