The Carlyle Group Completes Acquisition of DuPont Performance Coatings
Cahill represented Barclays, as administrative agent, and the joint lead arrangers in connection with a $2,300,000,000 term B loan and €400,000,000 term B loan, for U.S. Coatings Acquisition Inc. and Flash Dutch 2 B.V., as co-borrowers, both affiliates of The Carlyle Group. Proceeds from the loans were used to finance the acquisition of DuPont Performance Coatings by Carlyle. Cahill also represented the lead arrangers in connection with the borrowers’ $400,000,000 multi-currency revolving facility.