Milbank LLP represented United States Steel Corporation (NYSE: X) (“U. S. Steel”) in connection with an amendment and restatement of its revolving $1.75 billion sustainability-linked asset-based loan facility, consisting of tranche A “first-out” and tranche B “last-out” revolving credit commitments.
Headquartered in Pittsburgh, Pennsylvania, U. S. Steel is a leading integrated steel producer and Fortune 250 company with major operations in the United States and Central Europe.
The Milbank team was led by New York-based Global Leveraged Finance partner Michael Bellucci and special counsel Christopher Kwan with assistance from associates Annaliese Snodgrass and Bobby Sommers.
