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 for Acquisition by Cerberus of DynCorp International

Date: 07/07/10

Cahill represented Citigroup Global Markets Inc., Banc of America Securities LLC, Barclays Capital Inc. and Deutsche Bank Securities Inc. as joint book-running managers in the Rule 144A/Reg S Offering of $455,000,000 10.375% Senior Notes due 2017 by Delta Tucker Sub, Inc. to partially fund the acquisition of Dyncorp International Inc. by affiliates of Cerberus Capital Management, L.P.

Cahill also represented Bank of America, N.A., as administrative agent and collateral agent, and Banc of America Securities LLC, Citigroup Global Markets Inc., Barclays Capital and Deutsche Bank Securities Inc., as joint lead arrangers and joint bookrunners, in connection with a $720,000,000 credit facility consisting of a $570,000,000 term loan facility and a $150,000,000 revolving credit facility to also fund the acquisition.

Cahill also represented Citigroup Global Markets Inc. and Banc of America Securities LLC in connection with a concurrent tender offer and consent solicitation for approximately $375,000,000 in aggregate principal amount of Dyncorp International LLC and DIV Capital Corporation's 9.5% Senior Subordinated Notes due 2013.

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