US Deal Recap
March 8, 2023
Cahill’s recent deal highlights from Q1, featured here as part of our #CahillDealRecapUS, include representing, among others:
- LEVERAGED LENDING: The lead arrangers in a $2.25 term B loan for Caesars Entertainment, Inc.; $1.0 billion in credit facilities for Cushman & Wakefield U.S. Borrower, LLC; an amendment to a $1.8 billion asset-based revolving credit facility for Builders FirstSource, Inc.; $500 million in senior secured credit facilities for a subsidiary of Alliance Resource Partners, L.P.; an $800 million term B loan and a $150,000,000 super priority for Mauser Packaging Solutions Holding Company; a $395 million incremental revolving credit facility for Summit Materials, LLC., $2.6 billion in credit facilities for First Huntingdon Finance Corp.; and an $875 million 364 day term loan credit facility for Western Digital Corporation.
- HIGH-YIELD: The initial purchasers in a $1.5 billion notes offering by Dish Network Corporation; a $750 million senior notes offering by Albertsons Companies, Inc.; $2.0 billion in senior secured notes by Caesars Entertainment, Inc.; a $1.1 billion senior notes offering by subsidiaries of Charter Communications, Inc.; a $500 million senior notes offering by Clean Harbors, Inc.; a $400 million senior secured notes offering by Garda World Security Corporation; $2.75 billion in senior first lien notes by Mauser Packaging Solutions Holding Company; $600 million in senior notes by Wynn Resorts; $1.0 billion in convertible senior notes by Live Nation Entertainment, Inc.; $650 million in senior secured notes by Neptune BidCo US Inc. (Nielsen); and $350 million in senior secured notes by W. R. Grace Holdings LLC.
- INVESTMENT GRADE:The underwriters in a $1.0 billion inaugural public green bond offering for Comcast Corporation; a $3 billion notes offering for T-Mobile USA, Inc.; a $2 billion senior notes offering for Dell International L.L.C. and EMC Corporation; and a $750 million senior notes offering by Ashtead Capital, Inc.