Cahill Represents Initial Purchasers in $400 Million Senior PIK Toggle Notes Offering by Sophia
November 19, 2013
Cahill represented J.P. Morgan, BofA Merrill Lynch, Credit Suisse, BMO Capital Markets, and Deutsche Bank Securities as joint book-running managers in connection with the offering of $400,000,000 aggregate principal amount of 9.625%/10.375% Senior PIK Toggle Notes due 2018 by Sophia Holding Finance, L.P. and Sophia Holding Finance, Inc., the holding companies of Sophia, L.P., a leading global provider of a wide range of software and services to the higher education industry. Proceeds from the offering were used to pay a dividend.