Milbank Advises Financing Sources on Cognita School’s €1.16B Repricing and Add-on of €100 Million

Milbank LLP has advised the arrangers in connection with Cognita School’s repricing of its €1.16 billion term loan B, and the raising of new, incremental term facility commitments of €100 million.

Cognita is a leading global schools group that owns and operates over 100 schools in Europe, Asia, Latin America, the Middle East, and the United States, employing over 18,000 teaching and support staff in the care and education of more than 90,000 students.

The Milbank team was led by European Leveraged Finance/Capital Markets partners Suhrud Mehta and Laura Bonamis with associates James Szauer and Obinna Mezu.