Cahill Represents Administrative Agents and Lead Arrangers for Financing of Univar’s Acquisition of Nexeo

February 28, 2019

Cahill represented the agents and lead arrangers in connection with Univar USA Inc.’s amended and restated ABL credit agreement, consisting of a $1,200,000,000 revolving credit facility, a $175,000,000 equivalent Canadian dollar-denominated Term A credit facility and a $325,000,000 equivalent Canadian dollar-denominated FILO facility.

Additionally, Cahill represented the administrative agent in connection with an incremental amendment to Univar’s existing first lien credit agreement, consisting of a new €425,000,000 tranche of euro-denominated term loans and $300,000,000 in dollar-denominated incremental term loans. 

Proceeds from each amendment were used in part to fund Univar’s acquisition of Nexeo Solutions, Inc., a leading global chemicals and plastics distributor. Univar is a chemical manufacturing and production company.