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Legal News

Cahill Represents Financing Sources in Acquisition Financing for ADS Waste Corp.

Date: 11/20/12

Cahill represented Deutsche Bank as administrative agent and lead arranger and Macquarie Capital, UBS, Barclays, and Credit Suisse as arrangers in connection with the $1,800,000,000 Term B loan and $300,000,000 revolving credit facility for ADS Waste Escrow Corp II and ADS Waste Holdings Inc. Proceeds from the loans were used in connection with the acquisition of Veolia Environnement's U.S. solid-waste business by Highstar Capital, a controlling shareholder of ADS Waste Corp.

Cahill also represented Deutsche Bank, Macquarie Capital, UBS, Barclays and Credit Suisse as joint book-running managers in connection with the Rule 144A/Reg S offering of $550,000,000 aggregate principal amount of 8.25% Senior Notes due 2020 by ADS Waste Escrow Corp. Proceeds from the offering were also used in connection with the acquisition.