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Firm News

Cahill Represents Financing Sources in Acquisition Financing by Everest

Date: 05/24/12

Cahill represented Citigroup, J.P. Morgan, Credit Suisse, Deutsche Bank Securities, BMO Capital Markets, RBC Capital Markets, UBS Investment Bank and Nomura as joint book-running managers and the co-managers in the Rule 144A/Reg S offering of $2,750,000,000, comprised of $750,000,000 6.875% Senior Secured Notes due 2019 and $2,000,000,000 9.375% Senior Notes due 2020 by Everest Acquisition LLC and Everest Acquisition Finance Inc. Proceeds were in connection with the acquisition of EP Energy Corporation by Everest.

Cahill represented JPMorgan Chase Bank as administrative agent and J.P. Morgan Securities and Citigroup Global Markets as lead arrangers in connection with the $2,000,000,000 Revolving Credit Facility for EP Energy LLC.  Cahill also represented Citibank as administrative agent and Citigroup Global Markets and J.P. Morgan Securities as lead arrangers in connection with the $750,000,000 Term A loan for EP Energy LLC. Proceeds from the loans were also used in connection with the acquisition.