Cahill Represents Lead Arrangers in Acquisition Financing by The Advisory Board Company
January 9, 2015
Cahill represented JPMorgan Chase Bank as administrative agent and J.P. Morgan Securities, Merrill Lynch, Pierce, Fenner & Smith, Morgan Stanley Senior Funding, and Barclays Bank as lead arrangers in connection with a $725,000,000 Term B loan and a $50,000,000 revolving credit agreement for The Advisory Board Company, a global, insight-driven technology, research, and services provider. Proceeds from the term loan facility were used in connection with the company’s acquisition of Royall & Company, the higher education industry leader in strategic, data-driven student engagement and enrollment management solutions.