Cahill Represents Initial Purchasers in $755 Million Notes Offering for CDK Global
Date: 08/09/23
Cahill represented the initial purchasers in connection with a Rule 144A/Reg S offering of $755,000,000 in aggregate principal amount of 8.000% first lien notes due 2029 by Central Parent LLC, CDK Global II LLC and CDK Financing Co., Inc. Proceeds from the offering were used, together with cash on hand, to refinance outstanding indebtedness. CDK Global is a leading global provider of technology solutions to the automotive industry.