Milbank LLP represented PSP Investments Credit USA LLC and Crescent Mezzanine Partners as lenders in connection with senior secured first lien credit facilities in support of KKR’s acquisition of Minnesota Rubber and Plastics from Norwest Equity Partners.
Minnesota Rubber and Plastics is a leading provider of elastomer and thermoplastic solutions for medical, water, industrial and other end markets globally. With deep materials science expertise, Minnesota Rubber and Plastics offers full-service capabilities that range from engineering mission-critical components to providing complete manufacturing solutions for technically demanding applications.
The Milbank Leveraged Finance team was led by partners Lauren Hanrahan and Marcus Dougherty and included associates Gabrielle Paolini, Benjamin Eisenstein and Andi Hasaj.