Cahill Represents Lead Arrangers in Credit Facility for Ashland LLC
Date: 05/17/17
Cahill represented The Bank of Nova Scotia, Merrill Lynch, Citigroup, Pierce, Fenner & Smith Incorporated, Deutsche Bank Securities, Inc., PNC Capital Markets LLC, JPMorgan Chase Bank, N.A., JPMorgan Chase Bank, N.A., Mizuho Bank, Ltd., U.S. Bank National Association, Credit Agricole Corporate and Investment Bank, Fifth Third Bank, SunTrust Robinson Humphrey, Inc., The Bank of Tokyo-Mitsubishi UFJ,LTD, DBS Bank Ltd., Morgan Stanley Senior Funding, Inc., Sumitomo Mitsui Banking Corporation, and TD Bank, N.A. as lead arrangers and The Bank of Nova Scotia as administrative agent in connection with a $500,000,000 Term A and $680,000,000 revolving credit facilities. Ashland LLC is a global leader in providing specialty chemical solutions to customers in a wide range of consumer and industrial markets. Proceeds from the offering are expected to be used for an acquisition by the borrower, general corporate purposes and refinancing existing indebtedness.