September 18, 2024

Milbank Advises Lead Arrangers on $1.25B Term Loan Recapitalization for Rockpoint Gas Storage

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Milbank LLP represented the lead arrangers in connection with a US$1.25 billion term loan B recapitalization for Rockpoint Gas Storage Partners LP.

Rockpoint Gas Storage is an owner and operator of natural gas storage and management facilities in North America, owned by funds managed by Brookfield Asset Management.

The Milbank deal team was led by New York-based Global Leveraged Finance partners Marcus Dougherty and Benjamin Sayagh, along with associates Julia Wennberg, Ian Tomesch and Andrew Krueger.