Cahill Represents Lead Arrangers in $430 Million Credit Facility for Covanta Holding Corporation
Date: 06/14/23
Cahill represented the lead arrangers in connection with $430 million of sustainability-linked incremental term loan B and term loan C credit facilities for Covanta Holding Corporation. Proceeds from the credit facility will be used to reimburse a portion of the equity contribution used to finance Covanta’s acquisition of Circon Holdings, Inc., and for general corporate purposes. Covanta is a waste-to-energy company providing environmentally sustainable solutions for waste disposal.