Media Contact:
Lynn Tellefsen
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
ltellefsen@cahill.com

Legal News

SABIC Innovative Plastics Holding Completes Acquisition Financing for GE's Global Plastics Business

Date: 08/31/07

Cahill represented Citibank International Plc and General Electric Capital Corporation as Administrative Agent and Citibank, N.A. and General Electric Capital Corporation as Collateral Agent, and ABN Amro Bank N.V., ABN Amro Incorporated, HSBC Bank USA, National Association, HSBC, JPMorgan Chase Bank, N.A., and J.P. Morgan Securities Inc., and Citigroup Global Markets Inc. and its affiliates as Arrangers and other Agents in connection with the $6,665,000,000 Credit Facilities by SABIC Innovative Plastics Holding B.V, SABIC Innovative Plastics Holding US LP and SABIC Innovative Plastics GP B.V., Sociedad en Comandita.

Cahill represented Citi, ABN Amro Incorporated, GE Capital Markets, Inc., HSBC and J.P. Morgan Securities Inc. as Initial Purchasers in a Rule 144A / Regulation S Offering by SABIC Innovative Plastics Holding B.V. of $1,500,000,000 of 9.5% Senior Notes due 2015.

These financing transactions were to fund the acquisition of GE's global plastics business.

Media Contact:
Lynn Tellefsen
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
ltellefsen@cahill.com