International law firm Milbank, Tweed, Hadley & McCloy LLP, led by Securities partner Rod Miller, represented MGM Resorts International in a Rule 144A offering of $1.0 billion in 6.75% senior notes due 2020, which were issued at par. MGM Resorts International received approximately $985 million in net proceeds from the offering, for which it will use to repay a portion of its indebtedness under senior credit facility and outstanding debt securities.
In addition to Mr. Miller, the Milbank team included Securities associates Jessica Cunningham and Meredith Hines.
