Media Contact:
Michelle Murray
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com

Legal News

Cahill Represents Financing Sources in Buyout of One Call Care Management and Align Networks by Apax Partners

Date: 12/17/13

Cahill represented BofA Merrill Lynch, RBC Capital Markets, Morgan Stanley, Deutsche Bank Securities, and Jefferies as joint book-running managers in connection with the Rule 144A offering of $610,000,000 aggregate principal amount of 8.875% Senior Notes due 2021 by Opal Acquisition, Inc.

Cahill also represented Bank of America as administrative agent and lead arranger, and RBC Capital Markets, Deutsche Bank Securities, Morgan Stanley Senior Funding, Jefferies Finance, and Guggenheim Corporate Funding as arrangers in connection with the $825,000,000 First Lien Term B loan, the $420,000,000 Second Lien Term B loan, the $395,000,000 incremental First Lien Term B loan, and the $125,000,000 revolving credit facility of Opal Acquisition, Inc.

Proceeds of the financings were used in connection with the acquisition by private equity firm Apax Partners of One Call Care Management and Align Networks, which together form the nation’s leading medical cost-containment provider serving the workers' compensation industry. 

Media Contact:
Michelle Murray
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com