Cahill Represents Lead Arrangers in Acquisition Financing for WEX Inc.

July 1, 2016

Cahill represented Bank of America as administrative agent and lead arranger and SunTrust Robinson Humphrey, MUFG Union Bank, and Citizens Bank as arrangers in connection with a $2,125,000,000 credit facility, comprised of a $1,200,000,000 Term B loan, a $470,000,000 revolving credit facility, and a $455,000,000 Term A loan for WEX Inc., a leading provider of corporate payment solutions. Proceeds from the financing were used in connection with WEX’s acquisition of Electronic Funds Source LLC, a provider of customized corporate payment solutions for fleet and corporate customers, refinancing of indebtedness as well as for general corporate purposes.