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 Term Loan Facility and Senior Notes Offering by US Foods

Date: 06/30/16

Cahill represented Citicorp North America as administrative agent, Citigroup Global Markets as lead arranger, and the other arrangers in connection with a new $2,200,000,000 Senior Secured Term B loan facility for US Foods, Inc., marketer and distributer of fresh, frozen, and dry food and non-food products to foodservice customers in the United States.  Proceeds will be used to refinance existing credit facilities and for general corporate purposes.

Cahill also represented Deutsche Bank Securities as lead book-running manager and the other initial purchasers in connection with the Rule 144A offering of $600,000,000 aggregate principal amount of 5.875% Senior Notes due 2024 by US Foods, Inc. Proceeds from the offering were also used to refinance existing indebtedness and for general corporate purposes.

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