Cahill Represents Financing Sources in Pending Acquisition of Gentiva Health Services by Kindred Healthcare
Date: 12/18/14
Cahill represented Citigroup, J.P. Morgan, Guggenheim Securities, and Morgan Stanley as joint book-running managers, and BMO Capital Markets, Deutsche Bank Securities, and SunTrust Robinson Humphrey as co-managers in connection with the Rule 144A offering of $1,350,000,0000 Senior Notes, comprised of $750,000,000 aggregate principal amount of 8.00% Senior Notes due 2020 and $600,000,000 aggregate principal amount of 8.75% Senior Notes due 2023 by Kindred Escrow Corp. II, to be merged with and into Kindred Healthcare, Inc., one of the largest diversified post-acute healthcare providers in the United States. Proceeds from the offering were deposited into escrow and will be used to consummate the pending acquisition of Gentiva Health Services, Inc. by Kindred Healthcare, Inc.