Media Contact:
Michelle Murray
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com

Legal News

Cahill Represents Financing Sources in Acquisition of Electro Rent by Platinum Equity

Date: 08/10/16

Cahill represented Bank of America as administrative agent, Merrill Lynch, Pierce, Fenner & Smith as lead arranger, and Deutsche Bank Securities and SunTrust Robinson Humphrey as arrangers in connection with a $220,000,000 Term A loan and a $65,000,000 revolving credit agreement for Electro Rent Corporation, one of the largest global organizations devoted to the rental, leasing and sales of general purpose electronic test equipment, personal computers and servers. Proceeds from the facility were used in connection with the acquisition of Electro Rent by Platinum Equity.
Media Contact:
Michelle Murray
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com