Cahill Represents Lead Arrangers in Acquisition Financing for Apax Partners
Date: 02/20/15
Cahill represented Royal Bank of Canada and Deutsche Bank AG New York Branch as administrative agents and lead arrangers, and ING Capital LLC as lead arranger, in connection with credit facilities comprised of a first lien $220,000,000 Dollar Term B Loan, €100,797,617.92 Euro Term B Loan and a €30,000,000 Revolving Loan, and a second lien $125,000,000 Dollar Term B Loan for Eiger Acquisition B.V. and Eiger Co-Borrower, LLC, a subsidiary of certain funds advised by Apax Partners. Proceeds from the facility will be used in connection with Eiger’s acquisition of the outstanding shares of Dutch software and cloud computing company, Exact Software.