Cahill Represents Administrative Agent and Lead Arrangers in an Incremental First Lien Facility and Second Lien Term Facility for The Kenan Advantage Group
Cahill represented the administrative agent and lead arranger in connection with a $115 million incremental term loan facility under The Kenan Advantage Group, Inc.’s existing first lien credit facility. Cahill also represented the administrative agent and lead arrangers in connection with a new $300 million second lien term loan facility. Proceeds from both facilities were used to refinance outstanding debt. The Kenan Advantage Group, Inc. is North America’s largest tank truck hauler and logistics provider.