Milbank LLP represented UBS AG, Stamford Branch, as administrative agent and collateral agent, and the joint lead arrangers and joint bookrunners, in connection with the $3 billion refinancing of StandardAero’s (NYSE: SARO) existing cash flow and ABL credit facilities. StandardAero, majority owned by global investment firm Carlyle (Nasdaq: CG), is a leading independent pure-play provider of aerospace engine aftermarket services for fixed and rotary wing aircraft, serving the commercial, military and business aviation end markets. The Milbank deal team was led by New York-based Global Leveraged Finance partners Marcus Dougherty and Charles Stern, along with associates George Miller, Gregory Arpino, Edwin Bogert, Qianfeng Lin and Anna Huang.