Cahill Represents Debt Financing Sources in $1.8 Billion and €980 Million of Debt Financing in Connection with Leveraged Buyout of DexKo Global Holdings Inc.
Cahill represented the initial purchasers in connection with a Rule 144A offering of $665,000,000 aggregate principal amount of 6.250% senior notes due 2029 by Dornoch Debt Merger Sub Inc. Proceeds from the offerings were used to fund the leveraged buyout (the “Acquisition”) of DexKo Global Holdings Inc. (the “Company”), a leading global manufacturer and distributor of engineering components critical to the safety and performance of a range of towable and related applications, by Brookfield Capital Partners LLC. Cahill also represented the lead arrangers in connection with a $150,000,000 asset-based revolving credit facility, a $1,060,000,000 US dollar denominated term B credit facility and a €982,000,000 Euro denominated term B credit facility for DexKo Global Inc. Proceeds from the credit facilities were used in connection with the concurrent notes offering for the Acquisition.