Cahill Represents Bank and Bond Lead Arrangers in Connection with MModal Inc. Going Private Transaction

August 17, 2012

Cahill represented Merrill Lynch and the other lead arrangers in connection with MModal’s $250 million offering of 10.75% Senior Notes due 2020, and also represented Merrill Lynch and RBC as joint lead arrangers, and RBC as administrative agent, in connection with MModal’s first lien credit facilities, consisting of $445 million of term loans and $75 million of revolving commitments. The proceeds of the notes and loans helped finance the acquisition of MModal by One Equity Partners, an affiliate of JPMorgan, in a going private transaction. MModal is a leading provider of clinical documentation solutions and narrative capture services for the healthcare industry.