Cahill Represents Arrangers in $2.3 Billion Credit Facility for Ashland
Date: 06/23/15
Cahill represented The Bank of Nova Scotia as administrative agent, Citigroup Global Markets as lead arranger, and The Bank of Nova Scotia, Merrill Lynch, Pierce, Fenner & Smith, Deutsche Bank Securities, and PNC Capital Markets as arrangers in connection with the $2,300,000,000 credit agreement, comprised of a $1,100,000,000 Term A loan, and a $1,200,000,000 revolving credit agreement for Ashland, Inc., a global leader in providing specialty chemical solutions to customers in a wide range of consumer and industrial markets. Proceeds from the facility were used to refinance existing credit.