Rock-Tenn Company Completes $3.7 Billion Acquisition Financing
Date: 05/27/11
Cahill represented Wells Fargo Bank, National Association, as administrative agent and collateral agent, and Suntrust Robinson Humphrey, Rabobank, J.P. Morgan, and Merrill Lynch, as joint lead arrangers and joint book runners, in connection with a $3,700,000,000 credit facility for Rock-Tenn Company comprised of a $1,475,000,000 Term Loan A, $1,425,000,000 U.S. Revolving Credit Facility, $50,000,000 Canadian Revolving Credit Facility, and $750,000,000 Term Loan B.The proceeds of the credit facility were used to partially fund the merger of Rock-Tenn Company with Smurfit-Stone Container Corporation, which was consummated concurrently with the financing and to repay and redeem certain other outstanding indebtedness of Rock-Tenn and Smurfit-Stone.