Prestige Brands Completes Acquisition Financing

November 1, 2010

Cahill represented Bank of America, N.A. as administrative agent, and Banc of America Securities LLC and Deutsche Bank Securities Inc., as arrangers, in connection with a $115,000,000 incremental term loan facility and a $10,000 increase in the revolving credit facility of Prestige Brands, Inc., a marketer and distributer of brand name over-the-counter healthcare and household products.

Cahill represented BofA Merrill Lynch and Deutsche Bank as lead arrangers in the Rule 144A/Reg S offering of $100,000,000 8.25% Senior Notes due 2018 by Prestige Brands, Inc. The proceeds, together with the proceeds from the incremental term loan facility, were used by Prestige to fund the $190 million acquisition of Blacksmith Brands Holdings from Charlesbank Capital Partners.