Cahill Represents Debt Financing Sources for Garda World Security Corporation
Date: 10/30/19
Cahill represented the initial purchasers in connection with a Rule 144A offering of $779,000,000 aggregate principal amount of 9.50% senior notes due 2027. Cahill also represented the lead arrangers in connection with a $1,438,000,000 term loan credit facility and an aggregate amount of $335,000,000 of revolving credit facilities. Proceeds from the debt financings were used for the purchase by a consortium of investors, consisting of investment funds advised by BC Partners Advisors L.P. and certain members of Garda World Security Corporation management, including Founder, Chairman and CEO, Stephan Crétier, of the majority stake in Garda World Security Corporation.