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Firm News

Julie Cohen
Director of Marketing and Communications

Cahill Represents Financing Sources in Credit Facility and Senior Notes Offering by Interactive Data Corporation

Date: 05/02/14

Cahill represented Bank of America as administrative agent and lead arranger and the other arrangers in connection with the $2.06 billion credit facility, comprised of a $1,900,000,000 Term B loan, and a $160,000,000 revolving credit facility for Interactive Data Corporation, a leading provider of financial market data, analytics and customized web solutions for financial institutions. Proceeds from the facility were used to refinance existing indebtedness.

Cahill also represented the joint book-running managers in connection with the Rule 144A offering of $350,000,000 aggregate principal amount of 5.875% Senior Notes due 2019 by Interactive Data Corporation. Proceeds were also used to refinance existing indebtedness and to pay a dividend.