Cahill Represents Initial Purchasers in $500 Million Notes Offering for Tervita Corporation
Date: 11/19/20
Cahill represented the initial purchasers in connection with a Rule 144A offering of $500,000,000 aggregate principal amount of senior second-lien secured notes due 2025 by Tervita Corporation (the “Company”). Proceeds from the offering were used to purchase or redeem the Company’s existing notes due 2021 that were validly tendered and accepted for payment pursuant to the tender offer and to redeem or otherwise satisfy the Company’s obligations with respect to any existing notes due 2021 not tendered in the tender offer. Tervita Corporation provides waste management and environmental services, offering bioremediation, oil field waste disposal, metal recycling, and flood recovery services.