Cahill Represents Lead Arrangers and Agent in Kenan Advantage Group’s $70 Million Incremental Credit Facility
Date: 11/26/24
Cahill represented the lead arrangers and agent in connection with a $70 million incremental term loan to The Kenan Advantage Group’s existing term loan credit facility.
Proceeds from the incremental credit facility will be used to repay certain indebtedness and for general corporate purposes.
Kenan Advantage Group, Inc. is North America’s largest tank truck transporter and logistics provider, with terminal and satellite locations in 42 states and seven Canadian provinces and territories.