Cahill Represents Financing Sources in Acquisition Financing for Osum Production Corp.
Date: 07/31/14
Cahill represented Barclays Bank as administrative agent and the lead arrangers in connection with a $210,000,000 Senior Secured Term Loan Facility and $15,000,000 Senior Secured Revolving Loan Facility for Osum Production Corp., a private company focused on in-situ recovery technologies within Canada’s oil sands and carbonates. Proceeds from initial borrowings under these facilities were used in connection with Osum’s acquisition of the Orion Oil Sands Project from Shell Canada.