Cahill Represents Citibank in Amendment to ABL Credit Agreement for Prestige Brands
February 9, 2016
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.