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

Legal News

Cahill Represents Financing Sources in Acquisition Financing for Sensata Technologies

Date: 10/14/14

Cahill represented Barclays Capital and Morgan Stanley as lead book-running managers and the other initial purchasers in connection with the Rule 144A offering of $400,000,000 aggregate principal amount of 5.625% Senior Notes Due 2024 by Sensata Technologies B.V., a leader in the development, manufacture, and sale of sensors and controls.

Cahill also represented the administrative agent and lead arrangers in connection with the new $600,000,000 incremental Term A loan for Sensata Technologies B.V. and Sensata Technologies Finance Company, LLC.  Proceeds from the notes and incremental term loan were used to fund the acquisition of Schrader International, a manufacturer of tire pressure monitoring sensors, from Madison Dearborn Partners, LLC, and to repay existing debt of Schrader.

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