US Deal Recap
Cahill’s recent deal highlights from Q1, featured here as part of our #CahillDealRecapUS, include representing, among others:
- LENDING: The lead arrangers in a $1.25 billion credit facility for News Corporation; $2.33 billion credit facility for Boyd Gaming Corporation, one of the largest and most successful casino entertainment companies in the US; and $1.46 billion in credit facilities for KPS Capital to fund the acquisition of the Primary Products business, Tate & Lyle PLC.
- PRIVATE CREDIT: A leading private credit fund in a $233 million senior secured credit facilities and equity co-investment to finance the acquisition of a marketing technology company; an investment in senior subordinated notes and common equity for a 3D printing company; and an investment in senior subordinated notes of a leading technology and telecommunications service provider.
- INVESTMENT GRADE: The underwriters in a $3.5 billion notes offering for Charter Communications Operating, LLC and Charter Communications Operating Capital Corp.; a $550 million notes offering for Nasdaq, Inc.; and a $1 billion notes offering for FactSet Research Systems Inc. to finance their acquisition of the CUSIP business from S&P Global.
- HIGH-YIELD: The initial purchasers in a $6 billon notes offering for HCA Inc., an American operator of healthcare facilities; a $500 million notes offering for Crown Americas LLC; and a $800 million notes offering for Scientific Games Holdings LP and Scientific Games US FinCo Inc., a global leader in providing games, services and technology to the lottery and lottery-administered sports betting market.