PL Propylene Completes $470 Million Credit Facility

March 27, 2012

Cahill represented Morgan Stanley as administrative agent and Citi, UBS, Societe Generale, Wells Fargo, Stifel Bank and SunTrust as arrangers in connection with the $470,000,000 credit facility, comprised of a $350,000,000 Term B loan and a $120,000,000 revolving credit facility. Proceeds from the offering will be used to pay-out a dividend, to refinance existing indebtedness and for general corporate purposes.