Cahill Represents GSO in Credit Facility for Dura-Line Corporation
Date: 05/09/11
Cahill represented GSO Capital Partners LP (“GSO”) as a Lender in connection with a new $185 million senior secured term loan credit facility for Dura-Line Corporation, the proceeds of which, along with the proceeds from an equity investment by GSO and a concurrently entered into $40 million revolving credit facility, were used to repay existing indebtedness and pay a dividend to the shareholders of Dura-Line Corporation’s parent company, A-D Technologies Holdings, LLC.