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

Legal News

Cahill Represents Lead Arrangers in Acquisition Financing for WEX Inc.

Date: 07/01/16

Cahill represented Bank of America as administrative agent and lead arranger and SunTrust Robinson Humphrey, MUFG Union Bank, and Citizens Bank as arrangers in connection with a $2,125,000,000 credit facility, comprised of a $1,200,000,000 Term B loan, a $470,000,000 revolving credit facility, and a $455,000,000 Term A loan for WEX Inc., a leading provider of corporate payment solutions. Proceeds from the financing were used in connection with WEX’s acquisition of Electronic Funds Source LLC, a provider of customized corporate payment solutions for fleet and corporate customers, refinancing of indebtedness as well as for general corporate purposes.

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