Julia Wennberg

Milbank LLP represented the lenders in connection with the provision of $225 million revolving loan facilities for LivaNova USA, Inc., the US subsidiary of LivaNova PLC (Nasdaq: LIVN) (“LivaNova”). The proceeds of the facilities will be used for general corporate purposes. LivaNova is a global medical device company headquartered in London. The Milbank team was led by New York-based Global Leveraged Finance partner Lauren Hanrahan with assistance from special counsel Gabrielle Paolini Webster and associates Julia Wennberg, Michael Beyda and Joseph Principato.

Mar 8

1 min

Milbank LLP represented the issuing banks and administrative agents in connection with a $450 million “first out” senior secured cash collateralized letter of credit facility for two newly formed SPV borrowers, each a subsidiary of office-sharing company WeWork Inc. (OTCMKTS: WEWKQ) ("WeWork") as part of WeWork’s emergence from chapter 11 bankruptcy proceedings on June 11, 2024. The Milbank teams were led by New York-based Global Leveraged Finance partners George Zhang and Michael J. Bellucci along with associates Emily Rutcofsky, Julia Wennberg, Matthew Park, Yuna Pyun and Annie O’Connor, New York-based Financial Restructuring partner Michael Price along with special counsel Brian Kinney and associate Michael Scian and New York-based Alternative Investments partner Brian C. Troxler.

Jun 11

1 min

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.

Sep 18

1 min

Milbank LLP represented the issuing banks in connection with the $650.0 million senior secured, first priority cash collateralized debtor-in-possession “first out” letter of credit facility for WeWork Companies U.S. LLC, a subsidiary of office-sharing company WeWork Inc. (OTCMKTS: WEWKQ) (“WeWork”), as part of WeWork’s chapter 11 bankruptcy proceedings. The Milbank teams were led by New York-based Global Leveraged Finance partners Michael J. Bellucci and George Zhang along with associates Emily Rutcofsky, Julia Wennberg, Michael Mey and Yuna Pyun and New York-based Financial Restructuring partner Michael Price along with special counsel Brian Kinney and associate Michael Scian.

Jan 4

1 min

Milbank LLP represented asset manager Brigade Capital Management, LP in connection with bridge funding to DigniFi, a leading fintech platform for the automotive industry, to support DigniFi’s growth. The Milbank team was led by Los Angeles-based Global Corporate partner Adam Moses and New York-based Global Leveraged Finance partner Spencer Pepper, along with associates Julia Wennberg, Andrew Park and Jeremy Gopin.

Jul 29

1 min