Media Contact:
Michelle Murray
Chief Marketing Officer
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com

Legal News

Cahill Represents Initial Purchasers in $1.15 Billion Notes Offering by Florida East Coast

Date: 04/23/14

Cahill represented Morgan Stanley and J.P. Morgan as joint book-running managers and BMO Capital Markets as co-lead manager in connection with the Rule 144A offering of $875,000,000 aggregate principal amount of 6.75% Senior Secured Notes due 2019 and $275,000,000 aggregate principal amount of 9.75% Senior Notes due 2020 by Florida East Coast Holdings Corp. and Florida East Coast Industries, LLC. Proceeds were used to pay a dividend and refinance outstanding indebtedness. Cahill also represented the dealer manager in connection with the concurrent tender offer to redeem any and all of Florida East Coast’s outstanding 10.5% / 11.25% Senior PIK Toggle Notes due 2017.

Media Contact:
Michelle Murray
Chief Marketing Officer
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com