Cahill Represents Lead Arrangers in Financing Acquisition of Knowledge Universe by Partners Group
August 13, 2015
Cahill represented Credit Suisse as administrative agent and lead arranger, and Barclays Bank and BMO Capital Markets as lead arrangers in connection with a $645,000,000 first lien term B loan, a $200,000,000 second lien term loan, a $70,000,000 revolving credit facility, and a $10,000,000 multicurrency revolving credit facility for KC Mergersub Inc., which will become the new indirect holding company of Knowledge Universe, a leading global education company. Proceeds from the loans were used to finance the acquisition of Knowledge Universe's US early-childhood education business by private equity firm Partners Group.