Milbank LLP advised the financing sources in connection with a term loan facility and certain letter of credit commitments for I Squared Capital’s acquisition of a majority stake in Whistler Pipeline LLC (“Whistler Pipeline”).
I Squared Capital is an independent global infrastructure investment manager focusing on energy, utilities, telecom and transport in the Americas, Europe and Asia. The Whistler Pipeline is a leading core energy infrastructure system connecting the Permian Basin’s growing natural gas supply to LNG, Mexico and Gulf Coast demand. Whistler Pipeline will have direct connections into LNG facilities in the Corpus Christi area.
The Milbank team was led by New York-based Global Leveraged Finance partners Marcus Dougherty and Kamal Nesfield along with associates Juyon Kang, Natasha Graham and Jeffrey Turben.