Cahill Advises Lead Arrangers in $3.9 Billion Acquisition Financing for International Specialty Products by Ashland Inc.

August 23, 2011

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.