Cahill Represents Initial Purchasers in a $1.3 Billion Notes Offering for Ashtead Capital, Inc.
Date: 08/12/21
Cahill represented the initial purchasers in connection with a Rule 144A offering of $550,000,000 aggregate principal amount of 1.500% senior notes due 2026 and $750,000,000 aggregate principal amount of 2.450% senior notes due 2031 by Ashtead Capital, Inc. Proceeds from the offering were used for redemption of outstanding 2025 notes and 2026 notes. Ashtead is one of the largest international equipment rental companies, with national networks in the United States, Canada and the United Kingdom.