Firm News

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com

ACL I Completes $250 Million Offering of PIK Toggle Notes

Date: 02/11/11

Cahill represented BofA Merrill Lynch, UBS Investment Bank and Wells Fargo Securities as joint book-running managers and the co-managers in a private placement of $250,000,000 10.625%/11.375% Senior PIK Toggle Notes due 2016 issued by ACL I Corporation. The net proceeds will be used to pay out dividends.

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com