Cahill Represents Debt Financing Sources in approximately $3.9 Billion of Debt Financings for acquisition of LABL, Inc. and Fort Dearborn Company
Cahill represented the initial purchasers in connection with a Rule 144A offering of $500,000,000 aggregate principal amount of 5.875% senior secured notes due 2028 and a $460,000,000 aggregate principal amount of 8.250% senior notes due 2029 by LABL, Inc. Cahill also represented the lead arrangers in connection with a $1,864,400,000 term B credit facility, a €500,000,000 term B foreign currency credit facility, a $200,000,000 revolving credit facility and a $500,000,000 asset-based revolving credit facility for LABL, Inc. (Multi-Color), Multi-Color Corporation, W/S Packaging Group, Inc. and Fort Dearborn Company. Proceeds from the debt financings were used for the acquisition of Multi-Color and Fort Dearborn. Multi-Color is the leading global manufacturer of prime labels serving a growing blue-chip customer base across a broad range of resilient, consumer-facing end categories worldwide. Fort Dearborn is a leading supplier of decorative product labels.