Cahill Represents Financing Sources in Notes Offerings, Tender Offer and Credit Facility for Calpine
Date: 10/31/13
Cahill represented the joint book-running managers and the co-managers in connection with the Rule 144A offering of $750,000,000 aggregate principal amount of 6% Senior Secured Notes due 2022 and $490,000,000 aggregate principal amount of 5.875% Senior Secured Notes due 2024 by Calpine Corporation. Proceeds from the offerings were used to refinance existing indebtedness. Cahill also represented the dealer manager in connection with the tender offer of any and all of Calpine’s outstanding 7.25% Senior Secured Notes due 2017.
Cahill represented the administrative agent and lead arrangers in connection with the $390,000,000 Term B loan for Calpine Corporation. Proceeds were also used to refinance existing indebtedness