October 2, 2018

Milbank Represents Debt Financing Sources for KKR’s Acquisition of BMC Software

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Adding to its extensive large-capitalization financing work, Milbank LLP represented Credit Suisse Loan Funding LLC, Goldman Sachs Bank USA, Jefferies Finance LLC, Macquarie Capital (USA) Inc., Mizuho Bank, Ltd. and Barclays Bank PLC as joint lead arrangers and joint bookrunners for the senior secured first lien revolving credit and term loan facilities, and Goldman Sachs & Co. LLC, Credit Suisse Securities (USA) LLC, Jefferies LLC, Macquarie Capital (USA) Inc., Mizuho Securities USA LLC and Barclays Capital Inc. as initial purchasers for the Euro- and Dollar-denominated senior unsecured notes in connection with KKR’s acquisition of BMC Software, a global leader in IT solutions for the digital enterprise. KKR Capital Markets LLC also served as a joint lead arranger, joint bookrunner and an initial purchaser.

Headquartered in Houston, BMC Software serves more than 10,000 customers worldwide, including 92% of the Forbes Global 100. BMC Software helps customers run and reinvent their businesses with open, scalable, and modular solutions to complex IT problems.

The Global Leveraged Finance team was led by partners Marc Hanrahan and Marcus Dougherty and associates Spencer Pepper, Juyon Kang and Anya Andreeva. The Global Capital Markets team was led by partners Rod Miller and Ben Miles and associates Jonathan Jackson, Alex Gefter and Kelsey Craig. Also providing advice was Litigation special counsel Kristin Yohannan.