Berry Plastics Completes $620 Million Rule 144A/Reg S Offering

Cahill represented Banc of America Securities, Barclays Capital and J.P. Morgan as initial purchasers in connection with Berry Plastic Corporation's offering of $370,000,000 8 1/4% First Priority Senior Secured Notes due 2015 and $250,000,000 8 7/8% Second Priority Senior Secured Notes due 2014. Following satisfaction of escrow conditions related to Pliant Corporation's reorganization under Chapter 11, the proceeds were used to finance the acquisition of Pliant Corporation and to repay certain of Pliant Corporation's indebtedness.