Media Contact:
Alexandra Mullane
Marketing & Communications Coordinator
Phone: 212.701.3967
Fax: 212.378.2410
amullane@cahill.com

Legal News

Cahill Represents Lead Arrangers in $720 Million Credit Facilities for Acquisition of American Greetings Corporation

Date: 04/06/18

Cahill represented the lead arrangers and administrative agent in connection with a $470,000,000 Term B credit facility and a $250,000,000 revolving credit facility for American Greetings Corporation, a designer, manufacturer and distributor of greeting cards, gift packaging, party goods, and stationery products. Proceeds from the facilities were used to fund the acquisition of 60% of American Greetings by funds managed by Clayton, Dubilier & Rice and to refinance existing indebtedness.

Media Contact:
Alexandra Mullane
Marketing & Communications Coordinator
Phone: 212.701.3967
Fax: 212.378.2410
amullane@cahill.com