Cahill Represents Agent, Lead Arrangers, and Initial Purchasers in Multi-Currency Credit Facilities and Notes Offering Aggregating $6 billion for Imola Merger Corporation, Ingram Micro Inc., and Ingram Micro LP
Cahill represented the agent and lead arrangers in connection with a $2,000,000,000 term B credit facility for Imola Merger Corporation and Ingram Micro Inc. Ingram Micro (the “Company”) is an American distributor of information technology products and services. Cahill also represented the agent and lead arrangers in connection with a USD $500,000,000 term B credit facility, a CAD/USD $500,000,000 revolving foreign currency credit facility, a AUD/USD $500,000,000 revolving foreign currency credit facility, and a £/Euro/USD $500,000,000 revolving foreign currency credit facility for the Company. Concurrently, the Firm also represented the initial purchasers in connection with a Rule 144A offering of $2,000,000,000 aggregate principal amount of 4.750% senior secured notes due 2029 by the Company. Proceeds from the credit facilities and concurrent notes offering will be used to fund a leveraged buyout, to refinance existing indebtedness and outstanding debt securities.