Cahill Represents Underwriters in Public Offerings of Common Stock and Tangible Equity Units by Kindred Healthcare
Date: 11/25/14
Cahill represented Citigroup, J.P. Morgan, Guggenheim Securities, and Morgan Stanley as joint book-running managers and BMO Capital Markets, Deutsche Bank Securities, and SunTrust Robinson Humphrey as co-managers in connection with the public offering of 5,000,000 shares of common stock of Kindred Healthcare, Inc. (NYSE: KND), resulting in gross proceeds of $98,750,000. Cahill also acted as counsel in the concurrent offering of 150,000 7.5% tangible equity units, resulting in gross proceeds of $150,000,000. Proceeds from the offerings will be used to fund the acquisition of Gentiva Health Services, Inc. and for general corporate purposes.