David Dixter

Milbank LLP advised Citycon, a leading Nordic owner and developer of mixed‑use real estate, as borrower on a €270 million term loan facility provided by alternative lenders. The facility is secured against a portfolio of retail properties located in Norway and includes an accordion feature permitting up to €250 million of additional financing to finance assets in Sweden and Finland. The team acted as lead counsel, advising on all aspects of the transaction, including negotiation and finalization of the finance documents, coordination with local counsel on Norwegian, Swedish and Finnish matters, and overall management of the transaction through to successful completion. The Milbank deal team was led by Corporate Finance and Securities partner David Dixter and Real Estate partners Miles Flynn and Rehan Hanif, and associates Jack Ingamells and Katie Wilkins.

Mar 2

1 min

Milbank LLP advised Apotea AB (publ) in connection with its initial public offering and Nasdaq Stockholm listing. The offering, which closed on December 10, 2024, priced at SEK 58 per share, resulting in total proceeds of SEK 1.9 billion (assuming the exercise of the overallotment option) and valuing Apotea at approximately SEK 6 billion. Apotea is Sweden’s leading online pharmacy by market share with three million active customers. With the widest assortment on the market, low prices and quick deliveries, Apotea facilitates everyday life for its three million active customers. The Milbank team was led by Capital Markets partner David Dixter and included associates Marina Carvalho Rodriguez and Lays Lima Dutra, as well as Tax partner Andrew Walker and associate Michael Rivkin, and Alternative Investments partner Catherine Leef Martin.

Dec 11

1 min

Milbank LLP Corporate Finance & Securities partners David Dixter, Rod Miller and Brett Nadritch acted as contributing editors for the ninth edition of Global Legal Insights – Initial Public Offerings . They also authored, together with associate Ian Hunley and with support from associates Alyssa Julian and Harshil Bansal, the USA chapter of the guide, which covers recent US market performance and outlook, the IPO process, key rules and regulations, and potential risks and liabilities.~~The ninth edition of Global Legal Insights – Initial Public Offerings provides an overview of the IPO process, the regulatory architecture of these transactions, the responsibilities and obligations of public companies, the potential risks, liabilities and pitfalls of going public, and a summary overview of the recent IPO market in 18 global jurisdictions. Each chapter is authored by leading local practitioners who have drawn on their experience and expertise to provide relevant and helpful guidance.~~Established in 2002, Global Legal Group (GLG) is an independent, London-based media company specializing in the legal and strategic business sectors. Through print and digital channels, the company provides legal, regulatory and policy information to senior executives, general counsel, law firms and government agencies. Global Legal Insights is a series of 16 digital and print publications produced annually by London-based publisher Global Legal Group GLG, in partnership with a team of expert contributing editors from the fields of law, finance, business and academia.

Jul 31

1 min

Milbank LLP was honored with four awards at the 2025 IFLR Europe Awards, including Equity Deal of the Year, Project Finance Deal of the Year, an Impact Deal Award and a Global Rising Star award. The ceremony was held on April 3 in London.~~Equity Deal of the Year. Milbank was recognized for its work advising on the privatisation-by-IPO of Greece’s largest airport, Athens International Airport. The Milbank team was led by Corporate Finance and Securities partners David Dixter and Apostolos Gkoutzinis.~~Project Finance Deal of the Year. Milbank was honored for its work advising Stegra (formerly known as H2 Green Steel) in connection with the development and financing of its hydrogen and green steel manufacturing facility in Northern Sweden. The team was led by Global Project, Energy and Infrastructure Finance partner Matthew Brown.~~Impact Deal Award. Milbank was recognized for its work on the Adler Group Restructuring. The team was led by Financial Restructuring partners Yushan Ng, Sarah Levin and Mathias Eisen.~~Rising Star - Global. Kristine Kozicki, special counsel in Milbank’s Alternative Investments Practice, was named a Rising Star in the Global category.~~Milbank also was shortlisted for 12 additional awards, including US Firm of the Year, six Deal of the Year nominations, and five Team of the Year awards in the Equity, High Yield, Loan, Project Finance and Restructuring categories.~~The IFLR Europe Awards honor legal innovation through dealmaking and celebrate work that improves the cross-border investment environment. Read more about the 2025 IFLR Europe Awards here.

Apr 8

1 min

Milbank LLP advised the dealers in connection with the issuance of US$500 million 5.633% notes due 2038 by The Israel Electric Corporation Limited (IEC). IEC serves as an essential service provider in Israel and the country’s only entity that operates across the entire electricity value chain. The State of Israel holds 99.85% of IEC’s shares. The proceeds of the offering will be used to finance IEC’s capital investment program, refinance existing debt and for general corporate purposes. The notes were issued under IEC’s US$12.5 billion Global Medium-Term Notes Program. The Milbank team was led by Corporate Finance and Securities partner David Dixter and associates Becki Thompson and Aryan Agrawal. The team also included New York Tax partner Eschi Rahimi-Laridjani and associate Seth Moreida.

Feb 2

1 min