Cahill Represents Initial Purchasers in $300 Million Senior Notes Offering by GTT Communications

December 22, 2016

Cahill represented Credit Suisse, KeyBanc Capital Markets, and SunTrust Robinson Humphrey as joint book-running managers in connection with the Rule 144A offering of $300,000,000 aggregate principal amount of 7.875% Senior Notes due 2024 by GTT Escrow Corporation, to be assumed by GTT Communications, Inc., a provider of cloud networking services. Proceeds from the offering are to be used to fund the acquisition of Hibernia Networks, a leading provider of global, high-speed network connectivity solutions, as well as to refinance existing indebtedness.