Cahill Represents Initial Purchasers in $1.2 Billion Secured Notes Offerings for Ashtead Capital, Inc. and Dealer Manager in connection with a Tender Offer for any and all of the outstanding 5.625% Secured Notes due 2024
Date: 11/04/19
Cahill represented the initial purchasers in connection with Rule 144A offerings of $600,000,000 aggregate principal amount of 4.000% second priority senior secured notes due 2028 and $600,000,00 aggregate principal amount of 4.250% second priority senior secured notes due 2029 for Ashtead Capital, Inc., an international equipment rental company. Cahill also represented the dealer manager in connection with a tender offer for any and all of Ashtead Capital Inc.’s $500,000,000 aggregate principal amount of 5.625% second priority senior secured notes due 2024. Proceeds from the offerings were used to refinance existing indebtedness.