Cahill Represents Initial Purchaser in $150 Million Senior Note Offering for BWAY Holding Company
Date: 08/15/17
Cahill Gordon & Reindel LLP represented Merrill Lynch, Pierce, Fenner & Smith Incorporated, as initial purchaser, in connection with an offering of $150,000,000 aggregate principal amount of 7.25% Senior Notes due 2025 by BWAY Holding Company. The Senior Notes are fully fungible with the $1,200,000,000 aggregate principal amount of 7.25% Senior Notes issued by BWAY Holding Company on April 3, 2017. Proceeds from the offering were used to redeem Series A Preferred Stock issued by SCI Packaging Inc., a parent company of the issuer, and to pay related fees and expenses.