Media Contact:
Alexandra Mullane
Marketing & Communications Coordinator
Phone: 212.701.3967
Fax: 212.378.2410
amullane@cahill.com

Firm News

Delphi Corporation Obtains $3 Billion Senior Secured Credit Facilities

Date: 03/31/11

Cahill represented J.P. Morgan, as sole lead arranger and bookrunner, and JPMorgan Chase Bank, as administrative agent, in connection with $3,000,000,000 of senior secured credit facilities for Delphi Corporation, a subsidiary of Delphi Automotive LLP. The proceeds from the $2,500,000,000 of term loans under the senior secured facilities were used to fund a portion of the purchase price for the redemption of equity of Delphi Automotive held by GM and The PBGC.
Media Contact:
Alexandra Mullane
Marketing & Communications Coordinator
Phone: 212.701.3967
Fax: 212.378.2410
amullane@cahill.com