Firm News

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com

Cahill Represents Lead Arrangers in Multi-Currency Credit Facilities for Belron including ESG Features

Date: 04/13/21

Cahill represented the lead arrangers in connection with an upsized €665,000,000 revolving credit facility, an incremental $1,620,000,000 term B credit facility, and an incremental €840,000,000 term B credit facility for Belron. Proceeds from the credit facilities will be used to refinance certain existing indebtedness and to fund a return to shareholders. The terms of new credit facilities also include an ESG margin ratchet and other sustainability-linked incentives for the company.

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com