Marcus Dougherty, Benjamin Sayagh, Morgan Lingar, Patrick Sobchak
January 24, 2026
Milbank Advises Arrangers in Debt Financing for Stonepeakâs Agreement to Acquire Textainer for $7.4B
1 min
AI-made summary
- Milbank LLP advised the debt financing sources for the acquisition of Textainer Group Holdings Limited by an affiliate of Stonepeak Infrastructure Partners
- According to the definitive agreement, Textainer common shareholders will receive $50.00 per share in cash, with the transaction valuing the company at approximately $7.4 billion
- The deal and its financing are anticipated to close in 2024, pending customary closing conditions
- Textainer is a major lessor of intermodal containers.
Milbank LLP represented the debt financing sources to support the acquisition by an affiliate of Stonepeak Infrastructure Partners of Textainer Group Holdings Limited (âTextainerâ) (NYSE: TGH; JSE: TXT). Under the terms of the definitive agreement, Textainer common shareholders will receive $50.00 per share in cash, representing an enterprise value of approximately $7.4 billion. The deal and financing are expected to close in 2024, subject to customary closing conditions. Bermuda-based Textainer is one of the world's largest lessors of intermodal containers. The Milbank team was led by New York-based Global Leveraged Finance partners Marcus Dougherty and Benjamin Sayagh along with associates Morgan Lingar and Patrick Sobchak.
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Marcus Dougherty, Benjamin Sayagh, Morgan Lingar, Patrick Sobchak
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