Milbank LLP advised the underwriters in the transaction.
Milbank LLP advised Credit Suisse, as administrative agent of senior secured term loan and revolving credit facilities, Royal Bank of Canada, as administrative agent of a senior secured asset-based revolving credit facility, Credit Suisse, Royal Bank of Canada, Macquarie, Barclays, Jefferies, Nomura, Goldman Sachs and Mizuho, as joint lead arrangers and joint bookrunners of the credit facilities, and the purchasers of senior notes, in connection with the financing for Carlyle Partners VII, L.P.’s acquisition of the equity interests of StandardAero Holding Corp. The transaction closed on April 4, 2019.
StandardAero is one of the world aerospace industry’s largest independent maintenance, repair and overhaul (MRO) providers. With 38 major facilities around the world, it offers extensive MRO services and custom solutions for business aviation, commercial aviation, military and industrial power customers.
The Milbank Global Leveraged Finance team was led by partners Marcus Dougherty (Picture) and Charles Stern and special counsel Meir Hornung, and included associates George Zhang, Christopher Hahm, Juyon Kang, Kelly Flanagan, Jonathan Edwards and Eliza Biswas. The Milbank Capital Markets team was led by partner Ben Miles and included associates Theodore Hart and Lauren Salter.
Involved fees earner: Eliza Biswas – Milbank; Marcus Dougherty – Milbank; Jonathan Edwards – Milbank; Kelly Flanagan – Milbank; Christopher Hahm – Milbank; Theodore Hart – Milbank; Meir Hornung – Milbank; Juyon Kang – Milbank; Ben Miles – Milbank; Lauren Salter – Milbank; Charles Stern – Milbank; George Zhang – Milbank;
Law Firms: Milbank;