Cahill Represents Initial Purchasers in $300 Million Notes Offering by Playa Resorts
Date: 08/16/13
Cahill represented BofA Merrill Lynch and Deutsche Bank Securities as joint book-running managers and the co-managers in connection with Rule 144A offering of $300,000,000 aggregate principal amount of 8% Senior Notes due 2020 by Playa Resorts Holding B.V. Proceeds from the offering, together with proceeds from an investment from Hyatt Hotels Corporation, were used to fund the acquisition of various all-inclusive resorts in Mexico, Dominican Republic and Jamaica as well for general corporate purposes and to refinance existing indebtedness.