Milbank LLP represented Barclays Bank PLC, as Administrative Agent and Collateral Agent, and Barclays Bank PLC, Deutsche Bank Securities, Inc. and Nomura Securities International, Inc. as First Lien Lead Arrangers and First Lien Joint Bookrunnners in support of Baring Private Equity Asia’s carve-out acquisition of Prometric Holdings Inc. and its subsidiaries from Educational Testing Service (ETS). ETS is a nonprofit educational testing and assessment organization that develops and administers standardized tests such as the SAT and GRE. Prometric is a provider of technology-enabled testing and assessment solutions.
The Milbank Leveraged Finance team was led by partner Lauren Hanrahan and included associates Chris Kwan and Ben Eisenstein.
