Firm News

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com

Cahill Represents Initial Purchaser in $2.25 Billion Notes Offerings for The Gap, Inc.

Date: 05/07/20

Cahill represented the initial purchaser in connection with Rule 144A offerings of $500,000,000 aggregate principal amount of 8.375% senior secured notes due 2023, $750,000,000 aggregate principal amount of 8.625% senior secured notes due 2025, and $1,000,000,000 aggregate principal amount of 8.875% senior secured notes due 2027 by The Gap, Inc. Proceeds from the offerings were used to refinance existing indebtedness and for general corporate purposes.

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com