Cahill Represents Lead Arrangers and Initial Purchasers in Multi-Currency Credit Facilities and $300 Million Notes Offering for Castle US Holding Corporation
Date: 01/31/20
Cahill represented the lead arrangers in connection with a $1,200,000,000 term loan B credit facility, a $150,000,000 revolving credit facility, and a €500,000,000 term loan B credit facility for Castle US Holding Corporation. Cahill also represented the initial purchasers in connection with a concurrent Rule 144A offering of $300,000,000 aggregate principal amount of 9.50% senior notes due 2028 by Castle US Holding Corporation. Proceeds from the credit facilities were used to finance an acquisition by the borrower and to refinance existing indebtedness, while proceeds from the offering were used to pay dividends.