Cahill Logo

Firm News

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com

Cahill Represents Debt Financing Sources in $2.6 Billion of Debt Financings, Consisting of $585 Million Notes Offering and $2.025 Billion Credit Facilities for KPS Capital’s Acquisition of Oldcastle BuildingEnvelope

Date: 04/29/22

Cahill represented the initial purchasers in connection with a Rule 144A and Regulation S offering of $585,000,000 aggregate principal amount of 9.500% senior notes due 2030 by Oscar AcquisitionCo, LLC and Oscar Finance Inc. Cahill also represented the lead arrangers in connection with a $1,685,000,000 term B credit facility and a $340,000,000 revolving credit facility for Oscar AcquisitionCo, LLC. Proceeds from the offering and the credit facilities were used to finance the acquisition of Oldcastle BuildingEnvelope, Inc. and other related operations and assets by KPS Capital Partners. Oldcastle BuildingEnvelope is a leading vertically-integrated manufacturer, fabricator and distributor of architectural hardware, glass and glazing solutions for the non-residential and residential construction markets in North America.