Cahill Represents Citibank in Amendment to ABL Credit Agreement for Prestige Brands
Date: 02/09/16
Cahill represented Citibank, N.A. as administrative agent in connection with an amendment to the ABL Credit Agreement for a subsidiary of Prestige Brands Holdings, Inc. (NYSE:PBH), a marketer and distributor of brand name over-the-counter and household cleaning products. The amendment temporarily suspends certain financial and reporting covenants in connection with the acquisition of DenTek Holdings, Inc., a privately-held marketer and distributor of oral care products.