Cahill Represents Lead Arrangers in $200 Million Exit Credit Facility for ST US AR Finance LLC, a subsidiary of Mallinckrodt plc.
Date: 06/16/22
Cahill represented the lead arrangers in connection with a $200,000,000 revolving credit facility for ST US AR Finance LLC, a subsidiary of Mallinckrodt plc, to enable Mallinckrodt’s exit from Chapter 11 bankruptcy. Proceeds from the credit facility will be used to fund the purchase of accounts receivable pursuant to a Purchase and Sale Agreement.