Toys "R" Us - Delaware, Inc. Completes Refinancing
Date: 08/24/10Cahill represented BofA Merrill Lynch, J.P. Morgan Securities Inc., Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. as joint book-running managers in connection with the Rule 144A/Reg S offering by Toys "R" Us - Delaware, Inc. (the "Company") of $350,000,000 7.375% Senior Secured Notes due 2016 (the "Notes").
Cahill also represented Bank of America, N.A. as administrative agent and the other agents, arrangers and book-running managers in connection with the Company's amendment and restatement of its existing senior secured credit facility to provide for $700,000,000 of term loans due 2016 (the "Credit Facility"). The proceeds from the offering of the Notes and the borrowings under the Credit Facility were used to repay all amounts outstanding under the Company's existing secured and unsecured credit facilities.