Milbank LLP has closed multiple digital infrastructure securitization transactions following the arrival of structured finance partners Michael Urschel, Kathryn (Katie) Weiss and Martin Eid.
In a transaction that closed on May 3, 2023, Milbank represented the initial purchasers in a $701 million securitization of data center revenues for CyrusOne LP. In a transaction that closed on May 4, 2023, the Milbank securitization team represented a group of term noteholders in an approximately $238.5 million privately placed securitization of fiber revenues. Finally, in deal that closed on May 9, 2023, the team represented the initial purchasers and variable funding noteholders in a $535.2 million of securitization of fiber revenues for Blue Stream Communications LLC.
The Milbank deal teams were led by Alternative Investments partners Mr. Urschel, Ms. Weiss and Mr. Eid along with Capital Markets partner Brett Nadritch, Executive Compensation and Employee Benefits partner Joel Krasnow, Tax partners Eschi Rahimi-Laridjani and Andrew Walker, special counsel Bert Eidson, Mandy Stupart and Craig Cohen, associates Amber Dong, Sherm Hussein, Charlene Yin, Jeff Zhou, Shuang Wu, Alex Becker, Maria Velasco, Jaemin Lee, Juyon Kang, Michael Mey, Marc Kilani, Bailey Miller and others.
