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Firm News

Julie Cohen
Director of Marketing and Communications

Cahill Represents Lead Arrangers in $340 Million Credit Facility for CPI International

Date: 04/07/14

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.