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Legal News

Algeco Scotsman Completes Multicurrency Acquisition Financing

Date: 10/11/12

Cahill represented Deutsche Bank Securities and RBS as lead book-running managers and the other managers in connection with the multicurrency notes offering, comprising $1,075,000,000 aggregate principal amount of 8.5% Senior Secured Notes due 2018, €275,000,000 aggregate principal amount of 9% Senior Secured Notes due 2018 and $745,000,000 aggregate principal amount of 10.75% Senior Unsecured Notes due 2019 for Algeco Scotsman Global Finance plc, a leading global business services provider focused on portable accommodations and storage solutions. Proceeds from the offering will be used in connection with Algeco Scotsman’s acquisition of Ausco Modular, along with refinancing of existing indebtedness.