Cahill Represents Debt Financing Sources in $6.05 Billion Credit Facilities for Pegasus Merger Co. (Tenneco)

November 17, 2022

Cahill represented the lead arrangers in connection with a $1,750,000,000 secured bridge credit facility and a $1,000,000,000 unsecured bridge credit facility for Pegasus Merger Co. (Tenneco). Cahill also represented the lead arrangers in connection with a $600,000,000 revolving credit facility, a $1,300,000,000 term loan A credit facility and a $1,400,000,000 term loan B credit facility for Pegasus Merger Co. Proceeds from the credit facilities were used to finance the acquisition of Tenneco Inc. by funds managed by Apollo Global Management, Inc.