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

Legal News

Cahill Represents Financing Sources in $27.5 Billion Acquisition of Alltel

Date: 10/16/07

Cahill represented Citigroup, Barclays PLC, Royal Bank of Scotland Group and others in connection with a $7.7 billion senior unsecured interim credit facility comprised of $5.2 billion of cash-pay loans and $2.5 billion of PIK toggle loans to finance the $27.5 billion acquisition of Alltel by TPG Capital LLP and the private-equity arm of Goldman Sachs Group Inc.,  and a $1.0 billion Rule 144A private placement of 10.375%/11.125% senior pay in kind toggle notes due 2017 of Alltel to refinance a portion of the senior unsecured interim facility.
Media Contact:
Lynn Tellefsen
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
ltellefsen@cahill.com