Cahill Represents Lead Arrangers in Acquisition Financings for RCS Capital Corporation

April 29, 2014

Cahill represented Barclays Bank as administrative agent and Barclays Bank and Merrill Lynch as lead arrangers in connection with a $575,000,000 First Lien Term Loan and $25,000,000 Revolving Credit Facility, and Bank of America as administrative agent and Bank of America and Barclays Bank as lead arrangers for a $150,000,000 Second Lien Term Loan for RCS Capital Corporation, a NYSE-listed company that operates and grows businesses focused on the direct investment industry. Proceeds were used in connection with RCS Capital Corporation’s acquisition of privately-held independent broker-dealer Cetera Financial Holdings, Inc. from affiliates of Lightyear Capital and for post-acquisition working capital.