Cahill Represents Debt Financing Sources in $1.95 Billion of Debt Financings, Consisting of $1.17 Billion Credit Facilities and $775 Million Notes Offering for Domtar Corporation.
Cahill represented the lead arrangers in connection with a $400,000,000 asset-based revolving credit facility, a $525,000,000 term B credit facility and a $250,000,000 delayed draw term B credit facility for Domtar Corporation. Cahill also represented the initial purchasers in connection with a Rule 144A offering of $775,000,000 aggregate principal amount of 6.750% senior secured notes due 2028 by Domtar Corporation. Proceeds from each of the foregoing were used to fund the acquisition of Domtar Corporation by Paper Excellence. Domtar Corporation is a Canadian company that manufactures and markets wood fiber-based paper and pulp product.