Milbank LLP represented Goldman Sachs, Barclays, Credit Suisse and Jefferies as joint lead arrangers and joint bookrunners for the senior secured credit facilities supporting Cerberus Capital Management, L.P.’s and its affiliates’ acquisition of the Subsea Communications business of TE Connectivity Ltd.
Headquartered in Eatontown, New Jersey with more than 1,400 professionals on four continents, Subsea Communications is a global leader in delivering and maintaining the fiber optic cable systems that transmit nearly all of the world's data and communications.
The Milbank Global Leveraged Finance team was led by partner Marc Hanrahan and included associates Spencer Pepper, Zachary Robert Goldberg and Kelsey Bishop.
