Milbank LLP advised the initial purchasers in connection with Medline’s issuance of $1 billion 6.25% senior secured notes due 2029. Proceeds of the offering are intended for use in a partial refinancing and concurrent repricing of Medline’s existing term loan facility.
Medline, the nation’s largest privately held medical supply company, is based in Illinois and operates globally in over 110 countries.
The Milbank team was led by Corporate Finance and Securities partners Rod Miller and Lesley Janzen, associates Cheyne Cudby, Nicole Haddad and Devarshi Mukhopadhyay and law clerk Jane Edwards. The team also included Global Leveraged Finance partner Michael Bellucci, special counsel Chris Hahm, associates Jordan Hall and Christian Reese and law clerk Favour Agunu, as well as Tax partner Andrew Walker and associate Michelle Song.
