Cahill Represents Underwriters in Permanent Debt Financing for Sponsor-led Buyout of VNU, N.V.
On August 9, 2006, investment funds associated with AlpInvest Partners, The Blackstone Group LP, The Carlyle Group, Hellman & Friedman, Kohlberg Kravis Roberts & Co. and Thomas H. Lee Partners completed the permanent debt financing for their acquisition of VNU, N.V., a leading global information and media company and the parent company of ACNielsen and Billboard Magazine, in a transaction valued at approximately $12 billion.
Cahill represented underwriters Deutsche Bank, Citigroup, J.P. Morgan, ABN AMRO and ING in connection with four new bond financings in an aggregate principal amount at maturity of $1.7 billion and €493 million.
Cahill represented Citibank, as administrative agent, and Citigroup, Deutsche Bank, JPMorgan, ABN AMRO and ING, in various capacities as arrangers and agents, in connection with the execution of senior secured credit facilities in an aggregate principal amount of $4,862,500,000 and €800,000,000. The firm acted as counsel to J.P. Morgan as dealer manager and consent solicitation agent in connection with the tender offer and consent solicitation relating to the 7.60% Notes due 2009 of Nielsen Media Research, Inc.