Cahill Represents Financing Sources in Acquisition Financing for Albertsons
Date: 08/25/14
Cahill represented Credit Suisse as administrative agent and lead arranger and Citigroup Global Markets; Merrill Lynch, Pierce, Fenner & Smith; Morgan Stanley; Barclays Bank; and Deutsche Bank Securities as arrangers in connection with the $950,000,000 Term B-3 loan and $3,609,000,000 Term B-4 loan for Albertson's LLC, an American grocery company founded and based in Boise, Idaho. Proceeds from the loans will be used in connection with Albertson’s pending $9.2 billion acquisition of Safeway.