Cahill Represents Financing Sources in Acquisition of Volvo Construction Equipment Rentals by Platinum Equity
Cahill represented the joint book-running managers in the Rule 144A offering of $760,000,000 aggregate principal amount of 7.00% Senior Secured Second Lien Notes due 2019 by BlueLine Rental Finance Corporation. The transaction was completed in connection with acquisition of Volvo Construction Equipment Rents, LLC (to be named BlueLine Rental upon consummation of the acquisition), by private equity firm Platinum Equity.
Cahill also represented the administrative agent and lead arrangers in connection with the $475,000,000 revolving credit facility for BlueLine Rental, LLC. Proceeds were also used in connection with the acquisition.