Cahill Represents Debt Financing Sources for Advisor Group Holdings, Inc.
Date: 08/01/19
Cahill represented the initial purchasers in connection with a Rule 144A offering of $350,000,000 aggregate principal amount of 10.75% senior notes due 2027 by AG Merger Sub II, Inc., which was merged with and into Advisor Group Holdings, Inc. Cahill also represented the lead arrangers in connection with a $200,000,000 Term A credit facility, $225,000,000 revolving credit facility and $1,025,000,000 Term B credit facility for Advisor Group Holdings, Inc. Proceeds from the offering and credit facilities were used to fund the acquisition of Advisor Group Holdings, Inc. by Reverence Capital Partners, L.P., including the refinancing of existing indebtedness.