Cahill Represents Initial Purchasers in $400 Million Senior Notes Offering by Prestige Brands
Date: 12/17/13
Cahill represented Morgan Stanley, Citigroup, RBC Capital Markets, and Deutsche Bank Securities as joint book-running managers in connection with the Rule 144A offering of $400,000,000 aggregate principal amount of 5.375% Senior Notes due 2021 by Prestige Brands, Inc., a leading provider of over-the-counter branded healthcare products. Proceeds from the offering were used to repurchase outstanding notes and to repay a term loan. Cahill also represented the dealer manager in connection with the tender offer for any and all of Prestige Brands, Inc.’s outstanding 8.25% Senior Notes due 2018.