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

Cahill Represents Financing Sources in $3.9 Billion of Debt Financing Transactions in Support of the Buyout of W.R. Grace & Co.

Date: 09/22/21

Cahill represented the initial purchasers in connection with a Rule 144A offering of $1,155,000,000 aggregate principal amount of 5.625% senior notes due 2029 and the dealer managers in connection with exchange offers for up to $1,050,000,000 aggregate principal amount of existing debt securities by W. R. Grace Holdings LLC. Cahill also represented the lead arrangers in connection with a $1,250,000,000 term B credit facility and a $450,000,000 revolving credit facility for W.R Grace Holdings LLC. Proceeds from the transaction were used to finance the acquisition of W.R. Grace & Co. by W.R Grace Holdings LLC (formerly known as Gibraltor Acquisition Holdings LLC). W. R. Grace & Co. is an American chemical business based in Columbia, Maryland that was publicly traded on the New York Stock Exchange prior to consummation of the acquisition.

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