Cahill Represents Initial Purchasers in $2.3 Billion Notes Offering by Ashland
Date: 02/26/13
Cahill represented Citigroup, BofA Merrill Lynch, Deutsche Bank, Scotiabank, and PNC as joint book-running managers and the co-managers in connection with the Rule 144A offering of $2,300,000,000 comprised of $600,000,000 aggregate principal amount of 3% Senior Notes due 2016, $700,000,000 aggregate principal amount of 3.875% Senior Notes due 2018, $650,000,000 aggregate principal amount of 4.75% Senior Notes due 2022, and $350,000,000 aggregate principal amount of 6.875% Senior Notes due 2043 by Ashland Inc. Proceeds from the offering will be used to refinance existing indebtedness.