Cahill Represents Initial Purchasers in a $465 Million Add-On Notes Offering for Covanta Holding Corporation and the Dealer Manager and Solicitation Agent in a Cash Tender Offer and Consent Solicitation for any and all of Covanta Holding Corporation’s 6% Senior Notes due 2027
Cahill represented the initial purchasers in connection with a Rule 144A add-on offering of $465,000,000 aggregate principal amount of 4.875% sustainability-linked senior notes due 2029 by Covanta Holding Corporation. Proceeds from the offering were used to fund the cash tender offer and consent soliciation for Covanta Holding Corporation’s existing 6% senior notes due 2027 (the “Concurrent Tender”), to finance a subsequent redemption of any such senior notes that are not tendered, and for general corporate purposes. Cahill also represented the deal manager and solicitation agent in connection with the Concurrent Tender. Covanta is a world leader in providing sustainable waste solutions.