Milbank LLP represented the debt financing sources to support Carrix’s acquisition of Ceres Terminals (“Ceres”) from Macquarie Infrastructure Partners III.
Ceres is one of North America’s leading terminal operators and stevedores operating in some of the largest and fastest growing container gateways and holding a leading position in North America’s major cruise markets. Carrix is a leading marine terminal operator, with more than 250 terminal facilities and rail operations throughout the US, Canada, Mexico, Central America, South America and Asia.
The Milbank team was led by New York-based Global Leveraged Finance partners Marcus Dougherty and Benjamin Sayagh along with special counsel George Zhang and associates Nick Morgan and Edwin Bogert and included support from Tax partner Eschi Rahimi-Laridjani and associate Michelle Song.
