Cahill Represents Initial Purchasers in $1.875 Billion Notes Offering and Credit Facilities for Radiate HoldCo, LLC and Radiate Finance, Inc. in connection with Radiate HoldCo, LLC’s acquisition of Wave Holdco, LLC
January 24, 2018
Cahill represented the initial purchasers in connection with a Rule 144A offering of $300,000,000 aggregate principal amount of 6.875% senior notes due 2023 by Radiate HoldCo, LLC and Radiate Finance, Inc. Cahill also represented the lead arrangers and administrative agent in connection with a $1,425,000,000 incremental term loan and a $150,000,000 incremental revolving commitment for Radiate Holdco, LLC. Proceeds from the offering and the incremental facilities were used to finance a portion of the acquisition of Wave Holdco, LLC, a regional owner and operator of multi-service broadband systems, by Radiate HoldCo, LLC, a “triple play” communications services provider operating under the RCN and Grande brand names.