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Firm News

Julie Cohen
Director of Marketing and Communications

Cahill Represents Lead Arrangers in $925 Million Credit Facilities for Parts Authority

Date: 10/28/20

Cahill represented the lead arrangers in connection with a $125,000,000 revolving credit facility, a $600,000,000 first lien term B credit facility, and a $200,000,000 second lien term B credit facility for PAI Holdco, Inc. Proceeds from the facilities were used to fund a leveraged buyout. Parts Authority is a leading national distributor of automotive replacement parts, tools, equipment and transmissions.