Milbank represented the lead lender in connection with a $112,500,000 term loan facility for a private winery in Napa, California. Proceeds from the facility, which was secured by the winery, its associated vineyard and wine inventory, will be used to repay the winery’s existing indebtedness and to finance improvements to the winery.
Milbank's Direct Lending and Specialty Finance team was led by Practice Group Leader Al Pisa and included associates Yigal Gross and John Gionis.
