Milbank LLP was honored with the “Financing Deal of the Year” award at the TMT Finance Awards USA 2025. The awards celebrate “excellence in dealmaking and investment” and recognize “the deals, the people and companies that have delivered the year’s most significant transactions.”
At an awards dinner held in New York City on October 8, Milbank was recognized for its role advising the financing sources in connection with CyrusOne’s $7.9 billion warehouse credit facility, which earned the firm the “Financing Deal of the Year” honor.
“This transaction reflects the scale, innovation and continued growth of digital infrastructure as a major asset class,” said Milbank Global Project, Energy and Infrastructure Finance partner Jaime Ramirez. “We’re proud to have advised on such a landmark financing and to be recognized for our role in helping clients deliver transformative projects in this rapidly evolving sector.”
“This award underscores the seamless collaboration between our teams,” added Jonathan Karl, partner in the firm’s Real Estate practice. “Transactions like CyrusOne highlight how real estate, technology and infrastructure finance increasingly intersect, and how Milbank continues to lead at that convergence.”
Milbank’s Digital Infrastructure team is a global leader throughout the digital infrastructure value chain, including chip foundries, GPU procurement, data centers (and associated power solutions), fiber and towers. In 2025, Milbank will have had the lead legal role in over $100 billion of digital-related transactions.
