Arkadiusz Czekaj

Primary Focus & Experience

Arkadiusz has experience advising banks, credit funds, private equity sponsors and borrowers on a wide range of complex domestic and cross-border leveraged acquisition financings, refinancings and restructurings (including syndicated TLBs and unitranche/SSRCF).

He also has experience advising lenders and borrowers on complex fund finance transactions, such as subscription line, NAV and hybrid financings.

His recent representations include:

• Advising the financing sources in connection with the refinancing of $1.5 billion Advent’s acquisition of Encora Digital Inc., a global digital engineering services company million refinancing.*
• Advising the financing sources in connection with the refinancing of The Blackstone’s acquisition of Schenck Group, a multinational technology giant.*
• Advising the financing sources in relation to a debt financing package in support of Permira’s acquisition of German insurance broker GGW Group from fellow private equity firm Hg at an enterprise value of around €2 billion.*
• Advising the arranger in connection with a “best-efforts” repricing of €610 million senior secured term loan and €97.5 million senior secured revolving credit facility made to Global Blue Group Holding AG, a tourism shopping tax refund company, to finance its acquisition by Silver Lake.*
• Advising the arranger in connection with a “best-efforts” refinancing of $135 million revolving credit facility and $1.2 billion senior secured term loan made to Argus Media, an independent media organization delivering news on the global energy and commodity news, controlled by General Atlantic.*
• Advising Brookfield on a refinancing of an acquisition of its stake in Greenergy, a UK-based road fuels supplier and a biodiesel producer.*
• Advising Ares Alternative Credit as the arranger and senior noteholder in respect of the ‘first of its kind’ subscription line securitization transaction providing Investec Fund Solutions with additional capital enabling it to expand subscription line abilities to private funds across several key markets such as the U.K., continental Europe and the U.S.*
• Advising the arranger of a hybrid subscription line/NAV financing to a Partners Group controlled holding company in order to finance the dividends distribution to the investors.*
• Advising the arranger of a NAV financing secured on a portfolio of Carlyle and CPE investment funds.*
• Advising the arranger of a hybrid subscription line/NAV financing to Apax controlled investment funds.*
• Advising the arranger of a hybrid subscription line/NAV financing to Blackstone controlled investment funds.*
• Advising the credit hedge fund as direct lender in relation to the financing to the portfolio companies backed by the sustainability fund’s guarantee/commitment letter.*
• Advising the credit hedge fund as direct lender in relation to the restructuring of the above financing.*
• Advising the arranger in respect of the sustainability linked subscription line financing to for ADM Capital Limosa Fund, the Australian sustainability pension fund.*
• Advising the arranger in relation to the sustainability linked subscription line facility for Sanguine Asia Pacific Renewable Energy Fund.*
• Advising the direct lender in respect of the subscription line facility for Allianz Private Credit Funds.*
• Advising the direct lender in relation to the umbrella subscription facility for Hillhouse Capital funds.*
• Advising the leading global real estate investment fund in connection with the subscription line financings from Wells Fargo in respect of their European real estate funds.*
• Advising a pan-European equity fund that invests in renewables, energy and transport as sponsor/borrower in relation to the subscription line financing from NAB and RBSI.*
• Advising the asset management firm being part of the German insurance group as sponsor/borrower in relation to the uncommitted subscription line financing from Goldman Sachs.*
• Advising Virgin Atlantic in connection of $1.5bn refinancing package as part of the restructuring plan between the existing shareholders Virgin Group and Delta Air Lines, as well new private investors and existing creditors.*

*Deals completed prior to joining Milbank.

Recognition & Accomplishments

Arkadiusz has been recognized by Legal 500 UK 2025 for Fund Finance.

"Arkadiusz Czekaj - very well organized, manages deals well to get deals closed on time." (Client testimonial, Legal 500 2025)