Cahill Represents Arrangers in Connection with Wendy’s Upsizing
Date: 09/24/13
Cahill represented Bank of America and Wells Fargo Securities as joint lead arrangers and Bank of America as administrative agent in connection with a $225 million incremental term loan facility for Wendy’s International, Inc. The proceeds from the facility will be used by Wendy’s to pay down its existing senior notes. Wendy’s (NASDAQ: WEN), headquartered in Dublin, Ohio, is the world's third largest quick-service hamburger company. The Wendy's system includes more than 6,500 franchise and Company restaurants in the United States and 27 countries and U.S. territories worldwide.