Milbank LLP advised a consortium of European banks on the EUR 1.5 billion refinancing of United Internet AG. The consortium comprises ten banks. Milbank LLP has previously advised the banks on the existing financing for United Internet AG.
United Internet AG, headquartered in Montabaur, Rhineland-Palatinate, is a European Internet specialist with established brands such as 1&1, GMX, WEB.DE, IONOS and STRATO, around 68 million customer accounts and 11,000 employees.
The Milbank team was led by partner Thomas Ingenhoven (Finance) and included partner Thomas Kleinheisterkamp (Tax), special counsel Thomas Möller as well as associates Lara Milione and Adrian Müller-Achenbach (all Finance).
