Cahill Represents Financing Sources in Acquisition of Dole Food Company Inc.
Date: 11/01/13
Cahill represented Deutsche Bank, BofA Merrill Lynch and Scotiabank as joint book-running managers in connection with the Rule 144A offering of $300,000,000 aggregate principal amount of 7.25% Senior Secured Notes due 2019 by Dole Food Company Inc. Proceeds from the offering were used in connection with the acquisition of Dole by David H. Murdock, Dole’s Chairman and Chief Executive Officer.
Cahill also represented Deutsche Bank as administrative agent and Deutsche Bank, BofA Merrill Lynch and The Bank of Nova Scotia as lead arrangers in connection with a $750,000,000 term loan facility for Dole. Proceeds were also used in connection with the acquisition and to refinance existing debt.
Cahill also represented Deutsche Bank as administrative agent and Deutsche Bank, BofA Merrill Lynch and The Bank of Nova Scotia as lead arrangers in connection with a $175,000,000 asset-based revolving facility for Dole.