Cahill Represents Initial Purchasers in Multicurrency Senior Notes Offerings by Crown Holdings
Date: 09/15/16
Cahill represented Deutsche Bank, Citigroup, Wells Fargo Securities, BBVA, BNP PARIBAS, BofA Merrill Lynch, Crédit Agricole CIB, HSBC, Mizuho Securities, Santander, and UniCredit Bank as joint book-running managers and the co-managers in connection with the Rule 144A offering of €600,000,000 aggregate principal amount of 2.625% Senior Notes due 2024 by Crown European Holdings S.A., unconditionally guaranteed by Crown Holdings, Inc., a leading producer of food, beverage and aerosol cans and of closures in North America, Europe and Asia.
Cahill also represented Citigroup, Deutsche Bank Securities, Wells Fargo Securities, BNP PARIBAS, BofA Merrill Lynch, Mizuho Securities, Santander, ING, MUFG, Scotiabank, and TD Securities as joint book-running managers and the co-managers in connection with the Rule 144A offering of $400,000,000 aggregate principal amount of 4.250% Senior Notes due 2026 by Crown Americas LLC and Crown Americas Capital Corp. V, unconditionally guaranteed by Crown Holdings, Inc. In both offerings, the proceeds were used to refinance existing indebtedness and for general corporate purposes.