Cahill represents SunTrust and Credit Suisse in Connection with Financing for Acquisition of CTP Transportation Products
Date: 12/31/13
Cahill represented SunTrust Robinson Humphrey and Credit Suisse as lead arrangers in connection with an offering of $250,000,000 of 8.25% Senior Secured Notes due 2019 of CTP Transportation Products, LLC and CTP Finance Inc. and a $100,000,000 asset-based revolving credit facility of CTP Transportation Products, LLC. Proceeds of the notes and drawings under the credit facility were used in connection with the acquisition of CTP Transportation Products by affiliates of American Industrial Partners. CTP Transportation Products is a leading manufacturer of specialty tires, wheels and power transmission belts formerly operated as a division of the Carlisle Companies Incorporated.