Milbank, Tweed, Hadley & McCloy LLP represented Goldman Sachs Bank USA, as administrative agent, lead arranger and a lender, in connection with the term loan and revolving credit facility financing in support of Greenhill & Co., Inc.’s repurchase of up to $285 million of its publicly listed common stock. Proceeds of the term loan will also be used to refinance Greenhill & Co., Inc.’s existing debt. The financing is part of a leveraged recapitalization of Greenhill & Co. Inc.’s capital structure. The repurchase of stock funded in part by the credit facilities will be accomplished via a tender offer and open market repurchases.
Greenhill & Co., Inc. (NYSE: GHL) is a leading independent investment bank entirely focused on providing financial advice on significant mergers, acquisitions, restructurings, financings and capital raising to corporations, partnerships, institutions and governments globally.
The Milbank Global Leveraged Finance team was led by partner Lauren Hanrahan and included associates Gabrielle Paolini and Lindsey Kell.
