Cahill Advises Lead Arrangers in $3.9 Billion Acquisition Financing for International Specialty Products by Ashland Inc.
Date: 08/23/11
Cahill represented The Bank of Nova Scotia as administrative agent and Citigroup, Scotia Capital, BofA Merrill Lynch and U.S. Bank National Association as lead arrangers in connection with the $3,900,000,000 credit facility comprised of a $1,500,000,00 Term A loan, a $1,400,000,000 Term B loan and a $1,000,000,000 revolving credit facility for Ashland Inc. The proceeds will be used to partially finance Ashland's acquisition of International Specialty Products Inc. and to refinance existing indebtedness.