Cahill Represents Citigroup in $250 Million Notes Offering by M.D.C. Holdings

January 10, 2013

Cahill represented Citigroup as sole book-running manager in connection with the public offering of $250,000,000 aggregate principal amount of 6% senior notes due 2043 by M.D.C. Holdings, Inc. The notes provide for adjustments to the interest rate upon a change of control and downgrade of debt ratings to below investment grade, or a subsequent upgrade, of the debt ratings from rating agencies.