Cahill Represents Initial Purchasers and Lead Arrangers in Multi-Currency Notes Offerings and Credit Facilities financings for Avantor Funding, Inc.
Cahill represented the initial purchasers in connection with a Rule 144A/Reg S offering of $1,550,000,000 aggregate principal amount of 4.625% senior notes due 2028 and €400,000,000 aggregate principal amount of 3.875% senior notes due 2028 by Avantor Funding, Inc., a life science equipment company. Proceeds from the notes offerings were used to refinance existing indebtedness.
Cahill also represented the lead arrangers in connection with an amendment to provide Avantor Funding, Inc. with a maturity extension and incremental commitments under its $515,000,000 revolving credit facility. Proceeds from borrowings under the revolving credit facility will be used for general corporate purposes.