Cahill Represents Debt Financing Sources in $2.9 Billion of Debt Financings, Consisting of $2.1 Billion Cash Flow Credit Facilities and $550 Million Notes Offering for PECF USS Intermediate Holding III Corporation (United Site Services) and $200 Million Asset Based Credit Facility for USS Ultimate Holdings, Inc.
Cahill represented the lead arrangers in connection with a $2,000,000,000 term B loan and a $100,000,000 cash flow revolving credit facility for PECF USS Intermediate Holding III Corporation. Cahill also represented the initial purchasers in connection with a Rule 144A offering of $550,000,000 aggregate principal amount of senior notes by PECF USS Intermediate Holding III Corporation. Proceeds from the term b loan and the senior notes offering were used for the acquisition and transfer between Platinum funds of United Site Services, including the refinancing of existing indebtedness. Cahill again represented the lead arrangers in connection with a $200,000,000 asset based revolving credit facility for USS Ultimate Holdings, Inc. Proceeds from the asset based credit facility will be used for general corporate purposes. The Company, through its subsidiaries, provides portable sanitation services and complementary site solutions in the United States.