Media Contact:
Julie Cohen
Director of Marketing and Communications
Phone: 212.701.3614
Fax:
jcohen@cahill.com

Firm News

Cahill Represents Initial Purchaser in $300 Million Notes Offering and Dealer Manager in Related Tender Offer for Cascades Inc. and Cascades USA Inc.

Date: 08/17/20

Cahill represented the initial purchaser in connection with a Rule 144A add-on offering of $300,000,000 aggregate principal amount of 5.375% senior notes by Cascades Inc. and Cascades USA Inc. Cahill also represented the dealer manager in connection with Cascades Inc. and Cascades USA Inc.’s tender offer to acquire any and all of Cascades Inc.’s outstanding 5.75% senior notes due 2023. Proceeds from the offering were used to fund the tender offer, to redeem any untendered 5.75% senior notes due 2023 and to repay outstanding borrowings under Cascades’ revolving credit facility. Cascades is a Canadian company that produces, converts, and markets packaging and tissue products composed mainly of recycled fibers.

Media Contact:
Julie Cohen
Director of Marketing and Communications
Phone: 212.701.3614
Fax:
jcohen@cahill.com