Milbank Advises in Connection with Transcom’s Private Placement

Milbank LLP advised J.P. Morgan SE as placement agent of Transcom Holding AB (publ) (“Transcom”) in connection with its private placement of €65 million in aggregate principal amount of senior secured floating rate notes due 2026 to certain institutional investors, on equal terms as its existing senior secured floating rate notes.

Transcom predominantly used the proceeds of the offering to refinance its outstanding drawings under its existing revolving credit facility and to fund cash to its balance sheet.

The Milbank team was led by Corporate Finance & Securities partner Rebecca Marques, special counsel Joji Ozawa, and associates Melanie Probst, Harshavardhan Sunder and Panos Tsezos.