Cahill Represents Lead Arrangers in $340 Million Credit Facility for CPI International
April 7, 2014
Cahill represented UBS AG as administrative agent, and UBS Securities LLC and MCS Capital Markets as lead arrangers in connection with the $310,000,000 Term B loan and $30,000,000 revolving credit facility for CPI International, Inc., the holding company for Communications & Power Industries. Proceeds from the loans were used to refinance existing indebtedness and to pay a dividend.
Cahill also represented UBS Securities LLC as solicitation agent in connection with the solicitation of consents to amend the indenture for CPI International’s outstanding 8.00% Senior Notes Due 2018 to permit the dividend and the new credit facility.