Cahill Represents Initial Purchasers in $425 Million Notes Offering for MTW Foodservice Escrow Corp.
Date: 02/18/16
Cahill represented the joint book-running managers and the co-managers in connection with a Rule 144A offering of $425,000,000 aggregate principal amount of 9.5% Senior Notes due 2024 by MTW Foodservice Escrow Corp., to be merged with and into Manitowoc Foodservice, Inc. MTW Foodservice Escrow Corp. is a newly-formed Delaware corporation that is a direct wholly owned subsidiary of Manitowoc Foodservice, Inc., one of the world’s leading commercial foodservice equipment companies. Proceeds from the offering were used to pay-out a dividend and for general corporate purposes.