Cahill Represents Mandated Lead Arrangers and Initial Purchasers in a Revolving Credit Facility and Multi-Currency Notes Offering for Castle UK Finco Plc
Date: 05/09/22
Cahill represented the initial purchasers in connection with an offering of €465,000,000 aggregate principal amount of floating rate senior secured notes due 2028 and a £425,000,000 aggregate principal amount of 7.00% senior secured notes due 2029 by Castle UK Finco Plc. Proceeds from the offering were used to repay outstanding amounts under the bridge facility in connection with the acquisition of Miller Homes, one of the UK’s leading homebuilders headquartered in Scotland, by Apollo. In addition, Cahill represented the mandated lead arrangers in connection with a revolving credit facility made available to Castle UK Finco Plc, proceeds of which are available for working capital purposes.