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Firm News

Julie Cohen
Director of Marketing and Communications

Cahill Represents Debt Financing Sources in $5.25 Billion of Debt Financings, Consisting of $4.5 Billion Credit Facilities and $750 Million Notes Offering for Acquisition of CoreLogic

Date: 06/04/21

Cahill represents lead arrangers in a $3,250,000,000 term B first lien credit facility, revolving facilities in an aggregate amount equal to $500,000,000, and a $750,000,000 second lien credit facility for Celestial-Saturn Merger Sub Inc. (the “Company”). Cahill also represented the initial purchasers in connection with a Rule 144A offering of $750,000,000 aggregate principal amount of 4.500% senior secured notes due 2028 by the Company.  Proceeds from the concurrent credit facilities and debt offering will be used to fund a leveraged buyout of CoreLogic by Stone Capital, to refinance existing indebtedness, and for other general corporate purposes (including the payment of transaction fees and expenses).