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

Cahill Represents Lead Arrangers in $1.675 Billion of Debt Financings for Acquisition of Ascensus

Date: 08/02/21

Cahill represented the lead arrangers in connection with a $1,050,000,000 first lien term credit facility and a $175,000,000 revolving credit facility and a $450,000,000 second lien term credit facility for Mercury Borrower, Inc. and Ascensus Holdings, Inc. Proceeds from the credit facilities will be used to fund a leveraged buyout of Ascensus Inc. by Stone Point Capital, to refinance existing indebtedness, and for other general corporate purposes (including the payment of transaction fees and expenses).

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