Firm News

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com

Cahill Represents Financing Sources in Notes Offering and Credit Facilities for Crown Holdings

Date: 04/03/18

Cahill represented the initial purchasers in connection with a Rule 144A/Regulation S offering of $875,000,000 aggregate principal amount of 4.750% senior notes due 2026 by Crown Americas, LLC and Crown Americas Capital Corp. VI and the Rule 144A/Regulation S offering of €335,000,000 aggregate principal amount of 2.250% senior notes due 2023 and €500,000,000 aggregate principal amount of 2.875% senior notes due 2026 Crown European Holdings S.A. Proceeds from the offerings are expected to be used to finance a portion of the acquisition of Signode Industrial Group Holdings (Bermuda) Ltd. by Crown Holdings, Inc.

Cahill represented the administrative agent and lead arrangers in connection with a $100,000,000 Term A loan, €750,000,000 Term B loan, $1,150,000,000 Term B loan and an increase to the Crown Holdings revolving facilities. Proceeds from these facilities were used to finance the acquisition of Signode. 

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com