Cahill Represents Debt Financing Sources in $1.8 Billion of Debt Financings, Consisting of $1 Billion Credit Facilities and $800 Million Notes Offer for Ambience Merger Sub, Inc., which merged with and into At Home Group Inc.
Cahill represented the agents and lead arrangers in connection with a $600,000,000 term B credit facility and a $400,000,000 revolving credit facility for Ambience Merger Sub, Inc. (which merged with and into At Home Group Inc.). Proceeds from the credit facilities were used to finance the acquisition of At Home Group Inc. by Hellman and Friedman and to refinance existing credit facilities and outstanding debt securities of At Home Group Inc. Cahill also represented the initial purchasers in connection with a Rule 144A offering of $300,000,000 aggregate principal amount of 4.875% senior secured notes due 2028 and a $500,000,000 aggregate principal amount of 7.125% senior notes due 2029 by Ambience Merger Sub, Inc., which merged with and into At Home Group Inc. Proceeds from the notes offering were released from escrow concurrently with the consummation of the merger. At Home Group Inc. is a chain of home decor stores based in Plano, Texas.