Milbank, Tweed, Hadley & McCloy LLP represented the lead lender in connection with a $425,000,000 term loan and $30,000,000 revolving secured credit facilities for a company specializing in DVD and video game rentals via kiosks. Proceeds from the facility will be used by the borrower to repay certain existing indebtedness, to pay a dividend and for general corporate purposes.
Milbank's Direct Lending and Specialty Finance team was led by Practice Group Leader Al Pisa and special counsel John Britton and included associates Jeff Meyers and Morgan Lingar.
