Cahill Represents Financing Sources in Acquisition of IPC Systems
Date: 02/06/15
Cahill represented Barclays as administrative agent and lead arranger, and Credit Suisse as lead arranger, in connection with a $595,000,000 first lien term facility and a $25,000,000 revolving credit facility, and a $305,000,000 second lien term facility, for IPC Systems. IPC Systems is a provider of network services and trading communication technology to financial firms. Proceeds from the facility were used to partially finance the acquisition of IPC Systems by Centerbridge Partners from Silver Lake Partners.