Cahill Represents the Initial Purchaser in a $1 Billion Notes Offering for DaVita Inc.
Date: 02/26/21
Cahill represented the initial purchaser in connection with a Rule 144A offering of an additional $1,000,000,000 aggregate principal amount of 4.625% senior notes due 2030 by DaVita Inc. Proceeds from the offering were used for general corporate purposes and to repay all $550 million of outstanding borrowings under the company’s revolving credit facility. DaVita (NYSE: DVA) is one of the largest providers of kidney care services in the United States and has been a leader in clinical quality and innovation for over 20 years.